Recent content by Midlands3D

  1. Midlands3D

    Retrospective VAT claim after registration - purchases vs sales

    ok great, so that adds a little more complexity to the claim but not too much. I have a mix of machinery purchases and raw materials. The machines will be easy enough since all the vat should be claimable. Some of the raw material purchases I'll have to write off as I've used them, but others...
  2. Midlands3D

    Retrospective VAT claim after registration - purchases vs sales

    Ok so if I'm reading that right, I ignore any sales made in the periods the purchases were (up to 4 years ago) and in my first vat return I can claim for purchases in that qtr plus the previous 4 years against the sales (where I will have now charged vat) in the quarter the vat return relates to?
  3. Midlands3D

    Retrospective VAT claim after registration - purchases vs sales

    Yes, I know that....I'm asking about reclaiming the VAT on purchases made before becoming voluntarily registered for VAT. I don't currently charge VAT on the sales I make (I'm not registered yet) so my question relates to what I would submit after becoming registered in order to make the most...
  4. Midlands3D

    Retrospective VAT claim after registration - purchases vs sales

    Hi I'm looking at voluntarily registering for VAT as much of my sales are likely to be B2B and because I have the potential to claim back quite a bit of vat from circa £10k of purchases to start trading over the past few months. The return on an initial claim, since my investment to date far...
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