Finance and Accountancy Briefing

< back to search results

Reclaiming VAT on expenses: common mistakes and how to avoid them


To maximise your refund you must accurately report on your VAT spend. There's no room for mistakes - you have to know exactly how much HMRC owe you and keep an audit trail to prove it.

You will also need to  stay on top of the rules around reclaiming to ensure your claim is based  on up-to-date policies.

This guide will help you overcome the following frustrations:

• Regulatory pitfalls that make claiming VAT confusing

• Awkward processes standing in the way of a smooth reclaim

• Uncertainty around using technology to track VAT on expenses 

Tags: Business Software, Financial Accounting System.

Rating: 4 people found this useful

More from Access Group

Related categories