Renting out residential property is an exempt supply, which usually means you can’t reclaim any of the VAT you’ve paid on running costs. But if you’re already VAT registered, might there be a way to
get around this rule?
Published 31.05.2011
Following the recent change to Royal Mail postal charges (what you pay depends on the size of the parcel rather than just its weight), you’ve decided to use couriers more regularly. What are the VAT
implications of this?
Published 14.09.2006
Your new bookkeeper has found a batch of sales invoices, issued a year ago soon after you registered, that didn’t include VAT. Can you now issue an extra invoice to correct the VAT error and how do
you handle the situation with HMRC?
Published 09.03.2021
Businesses can’t reclaim VAT on entertaining expenses, but there are circumstances where this rule doesn’t apply. And a recent case in the European Court of Justice (ECJ) has created a further
opportunity. When can you make a claim?
Published 23.04.2009
If a customer doesn’t pay your bill you can get back any VAT on this that you’ve paid over to HMRC. But where do you stand if you’re withholding payment to a supplier because you’re in dispute with
them?
Published 16.07.2013
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 09.02.2022
Before the end of the Brexit transition period you could reclaim VAT paid on purchases of goods and services used while visiting the EU. This special system is no longer open to most UK businesses.
Do you have to swallow the VAT as an extra cost?
Published 24.03.2021
Your company has been doing well over the last few years from its eBay sales, but you’ve just discovered you’ve been charged VAT on the sales commission you pay. Can you simply reclaim this or is
there more involved?
Published 12.05.2014
You want to run a promotion which involves a free gift when customers spend more than a certain amount. As yet you’ve not decided what the gift will be. How is the VAT position affected by the type
of gift you offer?
Published 05.11.2015
If you’re registered you can reclaim VAT you pay on purchases. However, there’s more to it than that. What are HMRC’s must-follow rules and how can they be used to boost VAT recovery?
Published 04.02.2014