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Flat Rate Scheme Question
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4Chickens
Posts: 505 Forumite
in Cutting tax
Hi all
My husband is on a flat rate scheme and our next return is Qe Sept. During this period he purchased a van. I think we can claim the vat back on an asset over £2000. Is this correct? And if so, do I attach a copy of the vat invoice to the vat return? I have never come accross this before, so all advice is welcome.
Cheers
My husband is on a flat rate scheme and our next return is Qe Sept. During this period he purchased a van. I think we can claim the vat back on an asset over £2000. Is this correct? And if so, do I attach a copy of the vat invoice to the vat return? I have never come accross this before, so all advice is welcome.
Cheers
0
Comments
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You make the claim by putting the amount of VAT you were charged in Box 4 of the VAT return. You don't need to send in a copy of the invoice.0
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Cheers Smartpicture
Do I have to put the net amount in Box 7?0 -
Yes, you put the vat-exclusive figure in box 7.0
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