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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
CH: Can a PTA or school recover VAT on purchases?
Comments
-
So, it would be better for there not to be an invoice from the school to the PTA, so as to avoid giving any (mistaken) impression that the school is making a VATable supply. The school is not supplying the computer to the PTA; the school is using funds donated by the PTA to buy its own computers. The HMRC document linked to earlier in this thread makes it clear that the school CAN recover the VAT in such circumstances. As long as you do nothing to suggest that the school is supplying the goods to another body, I do not see that there is any significant doubt.The sale of a computer, if the seller is VAT registered, would be standard rated (17.5%) regardless of whom it is being sold to. So if the school is selling a computer to the PTA it would have VAT on.
Schools which are raising invoices with no VAT on are at risk of assessment from HMRC.koru0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
