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
You’ve formed a company to develop a new business unconnected with your existing firm. Even if it’s viable it won’t generate income for months or even more than a year. Can you register and reclaim
the VAT on development costs?
Published 13.01.2023
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’ve employed a crew of self-employed tradesmen to carry out work for a customer. They’ll buy the tools and materials for the job and include the cost in their bills to you. Can you reclaim the
VAT?
Published 16.04.2019
If your business sells goods or services some of which are VAT exempt and others not, the VAT it can reclaim on purchases is restricted. What steps should you take to maximise the VAT recovery?
Published 30.10.2018
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
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
Sometimes you provide perks to your employees as a reward. Your last bookkeeper didn’t reclaim the VAT on these as she said it wouldn’t save you money. But your new bookkeeper says you should reclaim
the VAT. Who is right?
Published 09.07.2018
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
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