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Dear UKBF community,
Happy Thursday!
I thank you all for your support with valuable advise on my first query. Ozzy asked me to introduce myself. I am a recruiter by profession for 15 years of experience working in the UK, UAE and India market. I have worked both as an agency as well as...
Thank you DWS, so you mean since I am VAT registered in July 2023, I can claim VAT on services from Jan 2023 onwards? I wasn't aware of the provision earlier and haven't claimed it in 2 years. My accountant pointed it out to me recently, hence I got into further research.
2. It doesn't also...
Hello UKBF member,
Question 1- As a business claiming VAT on business expenses, where the invoice shows a VAT number is acceptable. HMRC seem to have a provision for a business working from home to claim pro rata of 20% VAT on the total household utility bill, based on the space occupied by...