B Banking2006 Registered User Messages 170 10 May 2007 #1 Am wondering if someone is registered for vat with a business and then they purchase something outside of business (e.g. for home), can they claim vat back on this purchase?
Am wondering if someone is registered for vat with a business and then they purchase something outside of business (e.g. for home), can they claim vat back on this purchase?
D Dearg Doom Registered User Messages 478 10 May 2007 #2 No. You may only deduct the VAT charged on goods and services which are used for the purposes of your taxable business.
No. You may only deduct the VAT charged on goods and services which are used for the purposes of your taxable business.
W woods Registered User Messages 780 10 May 2007 #3 Don't even try it. If you have an audit this will be like a red rag to a bull when they spot it.