Recent content by Jayne Duthart

  1. J

    Reclaiming VAT on Stock Held when leaving Flat Rate Scheme

    Thank you so much Scalloway :) I really appreciate your help with that and believe it is making more sense. Could I just expand to make sure I understand you fully & correctly and provide a bit more info? I completely get VAT will be ignored in the profit and loss account and think because I...
  2. J

    Reclaiming VAT on Stock Held when leaving Flat Rate Scheme

    Hi There, I'm hoping someone can advise on a question in relation to claiming VAT on stock which you have on hand when you leave the flat rate scheme? We claimed £4000 in 2016-2017 (End of April 2016 we did Stock take/1st May was our changeover to Standard VAT) I am desperately trying to find...
  3. J

    Hi Contractor Accountant I hope you don't mind but I read one of your posts in relation to...

    Hi Contractor Accountant I hope you don't mind but I read one of your posts in relation to claiming additional VAT on stock which you have on hand when you leave the flat rate scheme. I am desperately trying to find out if this money recovered/subtracted from your VAT bill (for example say it...
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