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How to treat input tax: pre-registration, pre-incorporation and post-deregistration claims to input tax under regulation 111

Only a person who is already registered for VAT can exercise the right to deduct input tax. However, there are certain circumstances before registration and after deregistration when relief from VAT is permitted. When this happens regulation 111 allows a business to treat VAT incurred when it was not registered for VAT as if it were input tax and sets out the time limits within which the relevant VAT must have been incurred.

Source: gov.uk

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