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Need help as I'm daft as [***]

VAT refund

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Need info on this, I have a personal  shopping business I do shopping for elderly and vulnerable people,(go buy it from own money deliver and put it away) but sell it on for same price I bought for with delivery  charge 2 them, I give the receipt to my clients so have no proof of purchase apart from Clubcard statement  

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30th Nov 2018 08:11

Why do you need a VAT refund? Are you registered? If you are then you must retain the retailers' invoices; if any invoice total exceeds £250 you will need a modified tax invoice.
And, if you are buying goods at standard and zero rates you need to retain some record.

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to leshoward
30th Nov 2018 12:17

leshoward wrote:

Why do you need a VAT refund? Are you registered? If you are then you must retain the retailers' invoices; if any invoice total exceeds £250 you will need a modified tax invoice.
And, if you are buying goods at standard and zero rates you need to retain some record.

Surely there's no purchase and sale of goods here. Indeed, that may present a bigger problem if one of the old dears is into a tipple and a ffag before bedtime.

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30th Nov 2018 08:34

Seems unlikely that any VAT refund could be due.

Regarding the cost of the food bought have a good read of HMRC publications regarding disbursements and see if these apply to your circumstances.

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30th Nov 2018 09:13

Eh dear. ©

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30th Nov 2018 09:47

Are you VAT registered?

Are you charging your customers VAT?

If you make money doing this then you will have to pay HMRC VAT, not reclaim it from them. I would suggest not pursuing this further unless you're reselling more than £85,000 worth of groceries in a year.

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30th Nov 2018 09:53

Daft question. There is no question.

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30th Nov 2018 12:03

What is your question please?

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30th Nov 2018 12:44

Next!

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30th Nov 2018 18:24

there it is:
https://www.accountingweb.co.uk/any-answers/what-is-happening-to-this-forum

AW (regular) users - don't bother to look

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