Ltd company has bought materials to build hard standing and barn to store vehicles used in agricultural contract business. Can they reclaim the VAT on their next VAT return? The actual laying of the materials and building of barn has been done by employees and subcontractors (who are not VAT registered). Any help or pointers appreciated.
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Why not?
If the cost has been incurred for the purposes of the VATable activity then OK - not specifically debarred.
If the company did not own the property (barn) opinions might differ (I say yes, one or two others might say no).