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Businesses often ask if they can claim input VAT without a VAT invoice.

In order to reclaim VAT on its costs, a business needs to consider a number of points; 1. Has it got a VAT invoice from the supplier, and 2. Has it used the cost to make VATable supplies, and 3. Was it charged the correct amount of VAT by the supplier? Most businesses will be aware of point 1 and most will understand point 2. However, it is common for businesses to assume that if they are charged VAT then they can claim it from HMRC without taking into account if the rate ap

The treatment of recharged expenses is a common cause of VAT errors. A disbursement is where you act on behalf of your client in...

When you or your staff are out on business, you will most probably incur out of pocket expenses such as car park charges where you do not...