You’re selling your business premises and moving to another. The sale is VAT-exempt so you’re concerned that the partial exemption rule will apply and reduce the VAT you can reclaim on your general
costs. Is there a way you can prevent this?
Published 19.11.2021
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’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 14.11.2022
You recently bought some artwork for your offices. Your bookkeeper says you might not be entitled to reclaim the VAT paid on the purchases. As the items are solely for the business premises can this
be right?
Published 26.01.2022
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
Where your business makes exempt and VATable supplies, new formulas were introduced last year for calculating the VAT you can reclaim on purchases. These might have saved you money. Is it too late to
go back and use them now?
Published 17.02.2011
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
As a partially exempt business the amount of VAT you can recover on purchases is restricted unless overridden by the de minimis rules. These can be applied in different ways, but which produces the
best outcome?
Published 13.05.2020
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
If your business makes VAT exempt and chargeable sales, you’ll soon need to make an annual adjustment to the amount you’ve reclaimed on purchases. How can you use this exercise to improve your cash
flow or even reclaim more VAT?
Published 02.05.2012