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
You’re buying new IT equipment, mainly for use at home, but it will occasionally be used for work. Can you reclaim the VAT on the cost and is there any advantage in doing so?
Published 15.02.2018
When you or your employees are out on business, you might incur out of pocket expenses such as car park charges for which you don’t receive a proper invoice. Can your company reclaim the VAT?
Published 13.11.2014
Your firm is relocating premises and spending a lot on refurbishments including fancy furnishings and artwork for the offices. A colleague has said you might not be entitled to reclaim VAT on some of
these costs. Are they right?
Published 05.07.2023
When you buy or sell an active business, the transaction is outside the scope of VAT so there’s nothing to pay or reclaim on your return. In view of this, how much VAT on legal etc. costs linked to
the sale can you recover?
Published 02.10.2013
HMRC’s policy on reclaiming VAT on the cost of company paid-for mobiles and IT equipment used by directors and employees at home is potentially generous. What are the rules and how can you take best
advantage of them?
Published 20.03.2014
These days there’s less reliance on physical documents for VAT claims as digital invoices are becoming the norm. However, there are situations where you might not have the correct evidence or any at
all. When are you still entitled to reclaim VAT?
Published 24.03.2022
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
Your bookkeeper has picked up on several purchases for which VAT hasn’t been reclaimed. Some transactions are several years old and reclaiming the VAT might involve more than you think. What’s
required?
Published 27.09.2018