Thread in #supply-chain - Venice Founders Network

Fred - Out'n'About January 28, 2025 at 06:32 PM

Top tip for anyone in the UK. I just agreed to defer VAT with HMRC , so we can use the cash to buy our extra growth containers. Their interest is only 2% + Central Bank Rate, which is cheaper than our working capital facility. Can only do it once a year but definitely worth it I think
You just call the VAT payment plan number

Patrick Crowley January 28, 2025 at 06:33 PM

(Calling the HMRC is one of the bleakest tasks ever) 😂

Fred - Out'n'About January 28, 2025 at 06:33 PM

Haha yes. Left it to my accountant

Madi Ablyazov January 28, 2025 at 10:25 PM

I love this. Legendary hack to get a loan from the UK tax man 😂

Anders Reckendorff January 29, 2025 at 02:31 PM

Thank you, this is so cool!