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Search results: 2 article(s) found in topic: Buying/selling a business - keyword: VAT

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Can new business owners reclaim VAT?

You’re acquiring a small business to grow your company. It owns equipment which will be included in the transfer. No VAT has been reclaimed on it as the business was not registered. Can you reclaim the VAT following the transfer? More...


Selling an unregistered business - is it VATable?

A couple of years ago you started a part-time business. It’s gone better than expected and you’ve received an offer for it. The amount you’ll be paid will push you over the registration threshold, so should you charge VAT? More...
Last updated: 04.06.2020

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