Where you or an employee use your home for work it might result in extra costs. As these relate to the business can it reclaim any of the corresponding VAT on those additional costs?
Published 28.04.2020
Now that you and your fellow directors often work from home you need newer and better IT equipment. The company will buy it in bulk to get a discount and then transfer it to each employee. What’s the
most VAT-efficient way to do this?
Published 07.07.2022
Providing your employees with benefits in kind is a supply for VAT purposes on which you might have to account for VAT. However, special rules and HMRC concessions mean this doesn’t apply in all
circumstances. So when can you take advantage?
Published 20.02.2023
Your firm’s cash flow is tight and to make matters worse some of its suppliers are being especially slow in providing invoices. Normally, you must wait for these before you can reclaim the VAT. But
is there a legitimate way around this?
Published 02.11.2020
You’re downsizing your office and have asked a few staff to permanently change to homeworking. You’ll pay them a one-off allowance towards the cost of setting up their home workspace. Can you reclaim
the VAT they incur?
Published 28.06.2021
During routine records checks HMRC first looks for mistakes which businesses commonly make. One target area is the VAT treatment of travel expenses. What should you be checking to ensure your VAT
returns are correct?
Published 14.06.2022
Your bookkeeper is preparing your latest VAT return which includes expenses paid by your employees, some of which include VAT. How much of this can you reclaim and what supporting evidence must you
have?
Published 13.12.2022
You’re acquiring a small business to grow your company. It owns equipment which will be included in the transfer. No VAT has been reclaimed on it as the business was not registered. Can you reclaim
the VAT following the transfer?
Published 03.06.2019
A customer disputes your bill because they think you’ve added VAT to something they consider to be a disbursement. What is or isn’t a disbursement is a notoriously tricky question. How can you ensure
you get the VAT treatment right?
Published 14.03.2019
Your new bookkeeper has pointed out that you’ve been charging some customers standard-rate VAT for goods that ought to have been zero-rated and accounted for the excess on your VAT returns. Are you
entitled to a refund?
Published 30.03.2022