vat question for the accountants
19 June 2005, 04:31 PM
#1
Scooby Regular
Thread Starter
Join Date: Nov 2001
Location: sheffield
Posts: 4,093
Likes: 0
Received 0 Likes
on
0 Posts
vat question for the accountants
if one buys a commercial property which the vendor requires
purchase price + vat
and the purchaser is NOT vat registered yet,
to get the vat back does the purchaser needs to be VAT registered before the purchase goes through?
and how long does CE gives you before you can claim back the vat.
i heard a rumour that property vat can be claimed within 1-2 years...
purchase price + vat
and the purchaser is NOT vat registered yet,
to get the vat back does the purchaser needs to be VAT registered before the purchase goes through?
and how long does CE gives you before you can claim back the vat.
i heard a rumour that property vat can be claimed within 1-2 years...
19 June 2005, 04:43 PM
#2
Scooby Regular
Join Date: Sep 2002
Posts: 2,551
Likes: 0
Received 0 Likes
on
0 Posts
Im not sure on property but I only just questioned my accountant on a similar question. I am not yet Vat registered but will be in the next 12 months I want to buy a van now, he said I can claim the vat back up to 3 years later so I would of thought buildings would of been a similar amount of time if not longer.
Thread
Thread Starter
Forum
Replies
Last Post
Brzoza
Engine Management and ECU Remapping
1
02 October 2015 05:26 PM