Flat rate vat and Capital assets

[kellycell]

I am also interested in buying a laptop that costs 700 pounds though, do I put it down as a business expense on my company accounts spreadsheet?

I assume I cannot claim VAT back, correct?

[mark271]

kellycell if you are on Flat rate scheme then no you cant claim it back if you are not you can claim it back.

[kellycell]

thank you, i am on a flat rate..
Do I put it as a business expense on my company accounts spreadsheet?

[Gonzo]

thank you, i am on a flat rate..
Do I put it as a business expense on my company accounts spreadsheet?

er, what else could you do but that?


hth

[dude69]

thank you, i am on a flat rate..
Do I put it as a business expense on my company accounts spreadsheet?

capital expenditure.