I have a LTD which is registered for flate rate scheme. Since going permie I only use it for a website I have and the only cash comes in is from Google advertising, this payment does not have any VAT added. On my VAT form "6 Total Value of sales" do I put in the amount from Google or do I put £0.00 as no VAT was received?
Is it right I can only reclaim VAT on capital assets over £2000 if I am registered for the flat rate scheme.
Thanks in advance.
Is it right I can only reclaim VAT on capital assets over £2000 if I am registered for the flat rate scheme.
Thanks in advance.

fingers
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