HMRC allows businesses to reclaim VAT on directors’ and employees’ homeworking costs. As an employer how can you take advantage of this without falling foul of the much tighter rules which apply to
income tax?
Published 09.04.2018
When your business buys equipment that’s used both for work and personal purposes, you can’t usually reclaim all the VAT. But for some types of purchase HMRC allows it. When does this apply?
Published 04.06.2015
Where a director or member of staff puts in an expenses claim, it might include purchases on which VAT was paid. When can this be reclaimed and what paperwork is required?
Published 16.11.2015
A special rule stopped companies from reclaiming VAT on the cost of providing living accommodation to directors, but this was allowed for employees. As the rule was abolished in 2011 does this mean a
claim can now be made?
Published 18.02.2013
Usually when you buy or sell a business VAT doesn’t apply. However, this isn’t true for the costs you incur in the process, e.g. legal and accountancy fees. How can you maximise the amount of VAT you
can reclaim?
Published 05.02.2018
You started your company a couple of years ago and registered for VAT soon after. A colleague tells you that there’s still time to go back and reclaim VAT on expenses paid before the company was
registered or even formed. Is he right?
Published 14.04.2014
You’ve bought an “app” for your smartphone over the Internet which you’ll primarily use on company business. But the invoice is in your name and doesn’t show the VAT paid. Where do you stand with the
Taxman if you want to claim tax relief?
Published 29.03.2010
Unless you buy and sell cars as a trade, or use them exclusively for your business, you can’t reclaim any VAT on their cost. On the other hand, you can reclaim some VAT where you lease a car. How
much can you save?
Published 13.10.2017
HMRC’s bad debt rules mean that if a customer doesn’t pay your bill you can at least reclaim any VAT you’ve accounted for. But what’s the VAT position if you’re in dispute with a supplier and you’re
withholding payment to them?
Published 02.09.2016
HMRC doesn’t allow VAT to be reclaimed on the cost of entertaining customers, suppliers etc. However, the rule isn’t as black and white as it seems at first sight. In what situations are you allowed
to reclaim VAT?
Published 04.09.2017