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If your business makes exempt and taxable supplies, the VAT it can reclaim on its general expenses is restricted. HMRC operates a standard method for working out the restriction, but could you use a
special method instead to get back more VAT?
Published 24.03.2021
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
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
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’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
HMRC’s latest Business Brief says that if you have used the Lennartz method to account for VAT on the private use of assets you may need to review your calculations. Could this be you?
Published 28.04.2022
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
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
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
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