VAT incurred on business expenses incurred prior to VAT registration is generally recoverable on the first VAT return subject to the time limits noted in 12.1. Businesses must keep records to demonstrate that the expense was incurred
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 14:55