VAT prior to registration

[Lolhb]

Company recently registered VAT.
I understand that VAT on purchases can be claimed on business expenses and assets going back 4 years.
Sales invoices had been raised before VAT registration , so no VAT on them.
The company is transport and a lot of fuel receipts, prior to registration. What VAT can be claimed on those receipts.
Invoices were raised with no VAT using petrol as cost of sale.

Hope this is clear.

Grateful for any help

 

[STDFR33]

None.

 

[DontAsk]

I understand that VAT on purchases can be claimed on business expenses and assets going back 4 years.

Only for goods that are still "in stock" and needed for the business.

The company is transport and a lot of fuel receipts, prior to registration. What VAT can be claimed on those receipts.

Nothing, unless you have been storing the fuel for future use, see above.

 

[Lolhb]

Thank you all.
Makes sense when you think about it

 

[MyAccountantOnline]

Company recently registered VAT.
I understand that VAT on purchases can be claimed on business expenses and assets going back 4 years.
Sales invoices had been raised before VAT registration , so no VAT on them.
The company is transport and a lot of fuel receipts, prior to registration. What VAT can be claimed on those receipts.
Invoices were raised with no VAT using petrol as cost of sale.

Hope this is clear.

Grateful for any help

It's 4 years for goods you still have, or that were used to make other goods you still have, and 6 months for services. It's worth checking back through your records for items such as equipment purchased etc.