Just a quick question on claiming VAT as a sole trader. In what sitautions is it acceptable to claim back VAT on clothing. As a home based sole trader I don't have a uniform or require protective clothing. So can I claim for just regular clobber?
Just a quick question on claiming VAT as a sole trader. In what sitautions is it acceptable to claim back VAT on clothing. As a home based sole trader I don't have a uniform or require protective clothing. So can I claim for just regular clobber?
In computing the amount of VAT payable in respect of a taxable period, a registered person may deduct the VAT charged on most goods and services which are used for the purposes of the taxable business. No deduction may be made, however, for the VAT on goods and services used for any other purpose
For those old enough to remember, there was a very famous case years ago (in the UK it has to be said) of a barrister who tried to claim tax relief on clothing (not quite the same as claiming VAT back).