- Original Poster
- #1
Hello,
A care home is unable to register for VAT or charge VAT on their services, however do pay full VAT on all goods and services purchased which they're unable to claim back.
So my question (obviously) is does anyone in the accounting world know of a loophole/NewCo structure that can effectively save the care home the VAT or claim back through another vehicle?
A care home is unable to register for VAT or charge VAT on their services, however do pay full VAT on all goods and services purchased which they're unable to claim back.
So my question (obviously) is does anyone in the accounting world know of a loophole/NewCo structure that can effectively save the care home the VAT or claim back through another vehicle?