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Change to VAT rules on purchases made ahead of registration

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    Change to VAT rules on purchases made ahead of registration

    Thought this might be of interest HMRC changes VAT reclaims interpretation - 17 Jun 2015 - Accountancy Age
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    #2
    I saw the headline the other day, but now understand it's full meaning.

    Very business unfriendly....
    "You’re just a bad memory who doesn’t know when to go away" JR

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      #3
      You'd think HMRC wouldn't want to complicate the process further and create more work for themselves. It can't be a cost effective change.

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