Tag Archives: Vat

What Can I Claim VAT Back On?

VAT return

What can I claim VAT back on is a common question posed to us. The bookkeeping team here is well-versed in claiming VAT back for clients. They do this every two months for most clients and VAT can be quite a complex area with all the different rules. There will always be queries when it

Tax Strategy For Your Business

Tax Strategy For Your Business

Over the next few weeks, we are going to look at a Tax Strategy for your business. We will start with a sole trader/partnership and look at a limited company next week. The reason for this is to give you some ideas in this space. You want your business to be as lean and efficient

“What VAT can I claim back to reduce my Vat bill?”

“What VAT can I claim back to reduce my Vat bill?” Welcome back to our ‘You Ask, We Answer’ series! One of the most popular questions we have been asked is, what VAT can be claimed back to reduce my vat bill. Legitimately, of course. Do you charge VAT on the sale of goods or

I can claim the VAT on that……can’t I?

Frequently we are contacted in the office and asked the question “I can claim the VAT on that, can’t I?”, although in many cases it is phrased as a statement! In general a VAT registered business may, as long as goods or services are used for the business, deduct: VAT charged, by another VAT registered

New S62A in the Vat Consolidation Act 2010

New S62A in the Vat Consolidation Act 2010 In Revenue’s most recent e-brief no 55/2014 they give details of a new S62A in the Vat Consolidation Act 2010 which deals with the adjustment of deductible Vat in relation to unpaid consideration. The section provides for an adjustment of the amount of Vat deductible where a