Member Since: 9th Jun 1999
Hi, I am a VAT Consultant, part of the team at vatadvice.org We are based in Cambridgeshire. We work largely with charities but also advise a range of commercial organisations.
I have over 30 years experience in VAT, and am currently also a part-time member of the Tax Tribunals.
VAT Consultant vatadvice.org
7th May 2021
if you have to ask that question then the answer is 'no'!
4th May 2021
Interesting point. I would make it clear in the contract that the fuel is required as part of the supply of the machinery, and it can share the zero-rating.
4th May 2021
Assuming the items are all exported from the UK to Finland, and you hold commercial evidence of export, the UK seller will zero rate. The Finnish purchaser will use the reverse charge mechanism to account for local VAT.
You should ask about movement of fuel and whether that is subject to Excise Duty and/or special licencing.
3rd May 2021
I would use the monthly total each time. If HMRC want to cross-check, then you have the pdf version in your cloud storage.
1st May 2021
The PVA statement shows the VAT to be entered as Reverse Charge in Boxes 1 & 4. Use the mont( end date, not the document date.
29th Apr 2021
You can stay on Cash Accounting as long as the DRC entries are made using the ‘correct’ tax points. Exactly how you do that will depend on the accounts software you use.
28th Apr 2021
You also have input tax from September 2020 plus pre-registration input tax to offset against the output tax due. So, perhaps not so bad after all!
26th Apr 2021
I live in Huntingdonshire.
23rd Apr 2021
On the evidence question, you need evidence, not ‘proof,’ I recommend references to websites, or email footers, or a business registration number.
On the agency question, you should note that legislation provides that HMRC can ‘deem’ that you are supplying the agent rather than the principle. As long as both are in business it should not create any great problem for you.
22nd Apr 2021
I would claim it.
But do check the deemed supply rule where the value exceeds £50 per person p.a.