Business purchases paid for by director?

freddiemc

Registered User
Messages
4
Hi folks, just a quick question on business purchases. Some shops / websites are cumbersome when attempting to pay from my business bank account. Is it possible (i.e. legit) for a director to pay for business purchases out of his personal bank account (via credit card etc.) and then refund him the cash from the company account? If so, can you also include these purchases in a VAT return?
 

1. ok to refund the cash from company bank.

2. get them to make out vat invoice to company to reclaim the vat