I made a credit purchase on a business asset and I was obviously obliged to declare my personal details as a director, however I also issued my company name but found that my purchase VAT invoice only denotes my name as the purchaser as opposed to my business name.
They have refused to change the details on my invoice, which would render my company out of pocket not being entitled to claim back the VAT.
Is there any legal grounds to cite and repudiate their decision not to make the necessary amendments to my purchaser invoice or am I completely beleaguered?
Your expertise are very welcomed and very much needed.
Kind regards,
Replies (4)
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Why were you "obviously obliged to declare your personal details as a director" ?
Big companies don't do that. Why should you ?
I think you do have grounds - if you made it very clear that this was a company purchase.
However, I rather suspect that this is about the supplier getting paid. Much easier to sue you than the company. So they must invoice you.
Did you agree to buy the stuff on your own account ? Or did you guarantee the company's debt ? A subtle difference.
For what it's worth, I'd claim it anyway on the grounds that you acted as agent for the company. Is it an asset exclusively for business use (a strong case) or one that you can use privately too (significantly weaker) ? I'd cheerfully argue the toss with any VATman.
It's easier to get credit rating of big companies than small, and I've often seen suppliers ask for information about directors as part of credit scoring process
Agree with others that it's the contract that matters... How much is at stake?
Credit purchase?
Just don’t pay them until it’s amended to the entity that bought the asset; the company.
Tell them that on receipt of an invoice in the correct name, the company can then pay them.