SEARCH, INDEX, UPDATES, CONTENTS, SERVICES, VAT RETURNS
We can review your records and complete the form.
If your business is fully taxable, you may be confident to complete your own VAT return but beware the restriction in recovery of input VAT on cars including leased cars.
If you provide fuel for private use of vehicles you need to consider a scale charge adjustment.
If you are a retailer, do you understand the revised Retail Schemes introduced from 1 April 1998 to replace the old schemes A to J?
If you make exempt supplies, are you aware of the withdrawal of VAT regulation 105 on 10 March 1999? Are you using an appropriate partial exemption calculation?
Your recovery of input VAT may also be affected by the Capital Goods Scheme and the Bad Debt Relief regulations.
In most cases you need a valid VAT invoice with a genuine registration number in order to recover input VAT.
We may be able to save you money by reviewing your records each quarter and drafting the return form for you.
See also VAT Planning, VAT Flat Rate Scheme, VAT Bad Debt Relief, VAT Capital Goods Scheme, VAT Car Fuel Scale Charge, VAT Cars including Leased Cars, VAT Partial Exemption, VAT Registration Numbers, VAT Retail Schemes
Reminder - disclaimer applies. Please feedback your comments. This page was last modified 29 June 2002.