What can be used to make a claim? It is well known that in order to claim input tax on expenditure a business is required to have a valid tax invoice to support it. But what if there is no VAT invoice? Can HMRC accept any other evidence to support a claim? Well, the answer... Continue reading »| Marcus Ward Consultancy Ltd
The rules for sending, receiving and storing VAT invoices in an electronic format. What is an eInvoicing? eInvoicing is the transmission and storage of invoices in an electronic format without duplicate paper documents. The format may be a structured format such as XML or an unstructured format such as PDF. The benefits of eInvoicing eInvoicing... Continue reading »| Marcus Ward Consultancy Ltd
VAT Basics The majority of input tax incurred by most VAT registered businesses may be recovered. However, there is some input tax that may not be. I thought it would be helpful if I pulled together all of these categories in one place: Blocked VAT claims – an overview No supporting evidence In most cases... Continue reading »| Marcus Ward Consultancy Ltd