Hello
I'm on the Flat Rate VAT scheme and want to buy some hardware from ebay (less than £2000 worth). The seller's are often individuals and don't charge VAT or offer VAT receipts.
Are there any VAT implications for me here? Can I simply buy the goods on my personal credit card and then claim it as an expense from MyCo? With printed emails etc kept as receipts.
What do you think?
Thanks
I'm on the Flat Rate VAT scheme and want to buy some hardware from ebay (less than £2000 worth). The seller's are often individuals and don't charge VAT or offer VAT receipts.
Are there any VAT implications for me here? Can I simply buy the goods on my personal credit card and then claim it as an expense from MyCo? With printed emails etc kept as receipts.
What do you think?
Thanks

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