Your sales and customer service teams travel extensively to visit existing and prospective customers, wining and dining them on occasions. How much, if any, of the VAT paid on those expenses can you
reclaim?
Published 12.12.2023
When you first started out you travelled a great deal meeting potential customers. You treated your travel and subsistence costs as VAT-inclusive and duly claimed back input VAT via your return. Was
this right though?
Published 22.12.2005
You use HMRC’s approved benchmark rates when you pay your employees for subsistence when they travel for work. The trouble is, if you follow HMRC’s latest advice you may be costing yourself VAT.
What’s the full story?
Published 05.02.2019
VAT that you pay on the cost of providing entertainment can’t usually be reclaimed. One exception to this rule is where it’s for an overseas customer. However, there are tough conditions. When and
how do these apply?
Published 25.10.2016
You’re putting on a customer event which includes drinks and snacks. Your bookkeeper thought you should be entitled to reclaim the VAT on the cost but HMRC’s guidance suggests not. Who’s right and
why?
Published 31.10.2022
Does your business use self-employed staff/contractors? If it does, what happens to VAT on, say, their overnight expenses? Can the VATman argue you can’t reclaim the VAT on any expense they recharge
to you?
Published 25.09.2008
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 04.10.2022
The law is being amended to include some of the Taxman’s unofficial practices. Hidden amongst these changes, which come into force in April, is an unexpected new rule regarding subsistence expenses.
Could you benefit from this?
Published 26.03.2009
The Taxman has issued a statement acknowledging that he was wrong about businesses claiming VAT on entertaining costs. Is there something in this for you?
Published 26.11.2010
Usually, you’re blocked from reclaiming VAT you incur on business entertainment costs but there are circumstances where this rule doesn’t apply. What are they and when might you be able to use them
to your advantage?
Published 20.05.2021