VAT

This tag is associated with 12 posts

Charging VAT on Expenses – Disbursements and Recharges

For VAT purposes, Disbursements and Recharges are two ways of treating costs incurred on behalf of customers. DISBURSEMENTS Goods or services paid for on behalf of a customer but RECEIVED AND USED BY THE CUSTOMER can be treated as disbursements for VAT purposes. This essentially means that your role is limited to that of an … Continue reading

NON-EU Businesses and UK VAT Registrations

Overseas clients, specifically those based outside the EU, must register for VAT if all the following conditions apply: They start trading or will start trading within the next 30 days in the UK; They have no permanent establishment in the UK; The trading involves non-exempt supplies. HOW WE CAN HELP Initial VAT application as your … Continue reading

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