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HMRC ADMINISTRATION

HMRC software provides key evidence

Most elections for VAT purposes are subject to a time limit. What does a recent case involving a “late” option to tax show is important when it comes to providing evidence of the reason? More...

FOREIGN PURCHASES

How can you reclaim VAT on foreign purchases?

If you don’t usually buy goods from abroad, you are probably unaware of how to go about reclaiming VAT you incur on those purchases. So how do you ensure you aren’t missing out on recovery? More...

HOLDING COMPANIES

New guidance for holding companies

VAT costs incurred by a holding company on the acquisition of shares have always been restricted by HMRC - but how has a European case made things easier? More...

WORKING FROM HOME

Claiming VAT on accommodation costs

Generally speaking, VAT costs associated with your home can’t be recovered, as they aren’t business related. But what about private accommodation that has some business use? More...

VAT RECOVERY

Assets with both business and private use

Your business may purchase an asset that has both business and private use. In such a case, how much VAT can you recover and what different methods of recovery are available? More...

RECOVERY VAT

When to claim back input VAT

Like most businesses, yours incurs a sizeable amount of input VAT. Normally you don’t have any problems reclaiming it. But what happens if you fail to claim it on time? What are the rules? More...

INPUT VAT RECOVERY

Latest HMRC attack on input tax recovery

It’s always been understood that to recover input tax the costs have to be incurred for a business purpose. But HMRC seems to be trying to narrow the definition of a business purpose. What’s the latest? More...

VAT CASES

Reddrock Ltd v HMRC [2014] UKUT 61 (TCC). Disallowed input claims

VAT LEGISLATION

Cases roundup

RECLAIMING VAT

Can we get it all back?

Just because your business is charged VAT it doesn’t mean you can automatically claim it back. Certain things are generally excluded from VAT recovery plus there are some specific exceptions. What’s to know? More...
Last updated: 13.08.2020

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