Toms invoice help

[catherine2255]

Hi,
I work for a large company and we have paid for a trip with a travel company. No vat is charged except for a TOMS charge. Do I treat the TOMS as VAT on my ledger or is it zero rated?

Thanks!

Catherine

 

[RAL]

The invoice raised under TOMS should not have any vat at all. As at the time of raising the invoice, the vat liability is unknown.

Is this a day trip? Is this trip for your own consumption i.e. not for resale?

 

[catherine2255]

Its a visit to our headquarters, but it will be mixed with our sales people and clients.

Does this mean that I declare the invoice as zero rated and then try to recover the VAT at a later date?

The trip is not for resale, we are taking the full cost.

The Toms rules on HMRC are not very clear.

Thanks!

Catherine