News,May 2018

VAT on commercial vehicles

Claiming Back the VAT on Commercial Vehicles

16/01/2023tax , VAT

There are several businesses that have a clear understanding of how they can reclaim VAT on commercial vehicles. This is because the VAT input is allowed for commercial vehicles and it is blocked in the case of personal cars. However,  you must first learn to differentiate what is a commercial vehicle and how its use …

Read more
correcting VAT errors

Correcting VAT Errors on a Return Already Submitted

20/12/2022VAT

While you are in the middle of completing your VAT returns, it is quite possible that you can make an error with any form of accounting. This especially happens when you are carrying out a small business in the UK and handling everything on your own. Sometimes the occurrence of VAT errors is not due …

Read more
can charities claim back VAT

Can Charities Claim Back VAT?

19/12/2022Tax Issues , VAT

Are you associated with a charitable organisation and finding it complicated to handle the VAT? Well, you need to be aware of the exact implication rules of VAT when you are running a charity. This can further help you to keep HMRC on your favourable side. People often enquire, can charities claim back vat. If …

Read more