Vat

spurschic1@yahoo.com
spurschic1@yahoo.com Registered Posts: 94 Regular contributor ⭐
Hi All,

Can you let me know if a client can reclaim the VAT back on Purchases made by themselves before they had a bank account for their business? If so how would it be treated, would it be a loan to the company?

Also can they reclaim vat back for a lease agreement paid by the client on behalf of the business which has a loan agreement?

Thanks!

Comments

  • T.C.
    T.C. Registered, Tutor Posts: 1,448 Beyond epic contributor 🧙‍♂️
    Are we talking about a sole trader or a limited company?
  • spurschic1@yahoo.com
    spurschic1@yahoo.com Registered Posts: 94 Regular contributor ⭐
    Hi It's a Ltd Company
Privacy Policy