Flat Rate VAT scheme – Imports from EU

[ASB]

Looking for something complete different I found:-

"Generally you don't reclaim any of the VAT that you pay on purchases, although there are a few exceptions. For example, you can reclaim VAT on capital assets worth more than £2,000, and on goods that you buy from other EU countries."

(My emphasis).

It's here:-

http://www.hmrc.gov.uk/vat/account-flat.htm

[Ruprect]

Looking for something complete different I found:-

"Generally you don't reclaim any of the VAT that you pay on purchases, although there are a few exceptions. For example, you can reclaim VAT on capital assets worth more than £2,000, and on goods that you buy from other EU countries."

(My emphasis).

It's here:-

http://www.hmrc.gov.uk/vat/account-flat.htm

Sounds about right - that's the whole basis of carosel fraud