Is this even legal

[mitch84]

Originally Posted by MissB87

If it’s not someone buying for a large group, it could be fraudulent...

If a trader is buying a supply at what is end user prices.
Where is their profit margin coming from? Likely from the 20% they aren’t declaring.

Or in multi packs of crisps that someone else is saying, not for resale individually... so you couldn’t file that correctly for VAT as your sales would show individuals sold. So again wouldn’t be on the books.

But unless you know who or what shop etc nothing much can be done.

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Of course these things can be recorded correctly.

If DH buys a multipack of crisps for £2, that £2 comes through in his cost of sales. Each packet would then get recorded for sale at 50p each. Small business so not VAT registered.
You don’t have to record profit per item.
I’m an accountant also

[Colette-S]

Originally Posted by mitch84

Of course these things can be recorded correctly.

If DH buys a multipack of crisps for £2, that £2 comes through in his cost of sales. Each packet would then get recorded for sale at 50p each. Small business so not VAT registered.
You don’t have to record profit per item.
I’m an accountant also

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Are you allowed to split multipacks and sell individually?

[mitch84]

Originally Posted by Colette-S

Are you allowed to split multipacks and sell individually?

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Completely, it’s a manufacturers recommendation, not law.
He tries to get most stuff from Makro as it’s separate just in case customers question, but completely allowed yes

[novocastrian]

Originally Posted by Colette-S

Are you allowed to split multipacks and sell individually?

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whos going to stop you? the crisp police ?

seriously our local corner shop sells multipack beans/crisps all sorts, he enjoys the discounts & passes it onto the punters win/win

fwiw when i was a lad you could buy tabs individually in the local shop and from an ice cream van

[Colette-S]

Originally Posted by novocastrian

whos going to stop you? the crisp police ?

seriously our local corner shop sells multipack beans/crisps all sorts, he enjoys the discounts & passes it onto the punters win/win

fwiw when i was a lad you could buy tabs individually in the local shop and from an ice cream van

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Yes I remember that too. The van on our estate sold “looseys” and also gave “tick” until each Friday when everyone seemed to get paid.
With the multipack thing they do sometimes say “not to be sold separately” and crisps are smaller packets from multipacks

[Colette-S]

Originally Posted by novocastrian

whos going to stop you? the crisp police ?

seriously our local corner shop sells multipack beans/crisps all sorts, he enjoys the discounts & passes it onto the punters win/win

fwiw when i was a lad you could buy tabs individually in the local shop and from an ice cream van

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And in answer to your opening question , trading standards (if it wasn’t allowed of course)

[Powlay]

Originally Posted by Colette-S

And in answer to your opening question , trading standards (if it wasn’t allowed of course)

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Trading standards wont go near it because its not illegal

[Colette-S]

Originally Posted by Powlay

Trading standards wont go near it because its not illegal

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Yes I know this hence the reason I said IF
My post was in reply to the question who would I expect to act

[mitch84]

Originally Posted by Colette-S

Yes I know this hence the reason I said IF
My post was in reply to the question who would I expect to act

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It’s a very valid question, I asked DH too who also laughed at me...

[PPM]

Originally Posted by Vinniecat

I think it should be illegal that supermarkets can buy them cheaper than a small shop can. It's just not fair. In a bit there will be no small shops left then the supermarkets will put their prices up. Gosh I sound like my mother.

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Where do you shop? The supermarket or the small shop?