We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Flat Rate Scheme Question
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
-
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
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards