Hi,
Can we reclaim VAT for:
1. lunches provided for customers?
2. chocolates given to employees as Christmas gifts?
3. chocolates given to customers as Christmas gifts?
All answers are really appreciated.
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Replies (8)
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You may want to read some of these - https://www.gov.uk/government/collections/vat-notices-alphabetical-order
TBF, the OP may be a book-keeper trying to do the right thing but not knowing where to start.
The HMRC VAT guides are (mostly) easy to understand and can easily be found online.
VAT700 sets out the basic principles - see in particular s12.1.
That will also point you toward VAT700/65 on business entertainment. And you should probably also look at VAT700/7 on business gifts.
I suspect 1 may depend upon what services you offer and why customers are getting a lunch, is this part of some other service you supply or merely an invite to lunch?
https://www.gov.uk/guidance/business-entertainment-and-vat-notice-70065
https://www.gov.uk/guidance/business-entertainment-and-vat-notice-70065
For lunches
https://www.gov.uk/guidance/business-promotions-and-vat-notice-7007
For chocolates
It was something you could have Googled.
It was something you could have Googled.
I’m hardly a spring chicken but that’s what I do whenever I want to know anything. A good proportion of the questions posted here can be answered that way. Doesn’t reflect well on a professional adviser to not use the most basic research tools available.