Kashflow and pre-trading expenditure
We have a new client who uses Kashflow. We don't. He wishes to claim the input VAT on fixed asset additions of £1150 from 06/04/14. He has only recently registered for VAT from 1 February 2016 so needs to be entered on his first VAT retrun. Can anyone shed any light on the entries to be made in order to do this ? He's cash accounting and I'm pretty sure he hasn't made any entry for the original £1150 purchase anyway.
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