Reclaiming VAT on costs billed to a third party

Hi all

I was hoping someone could help me with a question regarding VAT?

My company recently received some investment funding from a VC.  As part of this the VC incurred professional fees, which we paid on their behalf (the VC deducted the cost from the cash we received).

VAT was charged on the fees (and paid by us). I have copies of the VAT invoices showing this, however the invoice is addressed to the VC rather than to my company. Is this sufficient documentation to reclaim the VAT incurred, or do I need another invoice specifically addressed to our company?

Many thanks for any help

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leshoward |
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