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 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
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
When you or your employees make a goodwill trip to see customers it will probably involve some wining and dining. The rules block you from reclaiming VAT on such costs but does this also apply to the
whole cost of the trip?
Published 01.03.2019
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
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
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’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