The Book-keepers Forum (BKF)

Post Info TOPIC: VAT on rechargeable expenses
Dew


Member

Status: Offline
Posts: 8
Date:
VAT on rechargeable expenses


Hi there,

could anyone tell me if I can put VAT on rechargeable expenses that I didn't pay VAT on, for example congestion charge, mielage or parking...

many thanks


-- Edited by Dew on Thursday 6th of May 2010 02:07:47 PM

__________________


Expert

Status: Offline
Posts: 1609
Date:

Wouldn't they require a vat receipt?

__________________
Steve
Dew


Member

Status: Offline
Posts: 8
Date:

No, they are not. I'm creating the invoices for the expenses spent related to customer job. So i'm listing the expenses and that's it

__________________


Member

Status: Offline
Posts: 12
Date:

I don't think you can charge VAT on these as you are only recharging expenses and not supplying any services or goods.

__________________
Manoj
www.esbeebusinesssolutions.co.uk


Senior Member

Status: Offline
Posts: 270
Date:

I''m going to disagree and say that you do need to add VAT. They are not expenses that can be classed as disbursements for VAT.

The relevant page of the HMRC site is here:

http://www.hmrc.gov.uk/vat/managing/charging/disbursements.htm

__________________

Ruth (AFA, ACIB)

Shore Accounting
www.shoreaccounting.co.uk



Member

Status: Offline
Posts: 12
Date:

I am sorry Ruth is righ. It seems you have to charge VAT.

__________________
Manoj
www.esbeebusinesssolutions.co.uk


Veteran Member

Status: Offline
Posts: 93
Date:

I agree with Ruth - there should be VAT added.

__________________


Guru

Status: Offline
Posts: 1329
Date:

I agree with Ruth, although the original charges may be exempt from VAT, once a VAT registered company "sells them on" they become part of the service and attract VAT.

__________________

Advice from beyond the grave!!!

E&OE

Dew


Member

Status: Offline
Posts: 8
Date:

Thanks a lot for everybody

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About