by Marie Stein | 23 Jul, 2010 | General VAT
Q: Hello, We have a UK startup Ltd, developing computer software and we are not registered for VAT. Our first customer is from an EC member country (they have a valid EC VAT number). Looks like we’ll not reach the 70k threshold needed for VAT registration in the...
by Marie Stein | 30 Jun, 2010 | General VAT
Q: HiAs a subcontractor, can I claim the vat back on materials I use on a vat exempt new build site Declan A: HI Declan As with all these things it depends on various factors. First, I presume that by “VAT exempt” you mean VAT zero-rated? I’m sorry to be pedantic but...
by Marie Stein | 22 Jun, 2010 | General VAT
I’ve already had queries from small business owners who are concerned about passing on the VAT rate rise AND stay competitive in an already difficult trading environment, especially in the face of competitors who aren’t registered for VAT. This will affect...
by Marie Stein | 22 Jun, 2010 | General VAT
Q: Hi My understanding is that inter company services (eg consultancy or management advice) from a business in one EU state to its branch in another are subject to reverse charge by the recipient branch. However I have stumbled across the FCE Bank ruling, which states...
by Marie Stein | 14 Jun, 2010 | General VAT
Q: Hope someone can advise? We have received an invoice for rent for a period, 3 years ago, when our then landlord was not yet registered for VAT. Can he charge VAT for this period? A: A business can only charge VAT for supplies made when it is registered for VAT, so...
