Search News


 

News

Lloyd & Co
Chartered Accountants

103-105 Brighton Road
Coulsdon
Surrey, CR5 2NG
020 8668 0500
This email address is being protected from spambots. You need JavaScript enabled to view it.

Source: HM Revenue & Customs | | 04/12/2018

The VAT paid in other EU countries is often recoverable by VAT-registered businesses in the UK, who bought goods or services for business use. The amount of VAT that is refundable depends on the other countries' rules for claiming input tax. It is important to note that VAT incurred in foreign countries can never by reclaimed on a domestic UK VAT return.

There are special rules for businesses established outside the EU submitting a claim for VAT incurred in the UK. The deadline for the submission of a refund request for expenses incurred in the UK by non-EU businesses during the period 1 July 2017 – 30 June 2018, is 31 December 2018. There are a number of conditions which must be met in order for a claim to qualify.

The form that should be used by these businesses to submit a claim is called a VAT65A form. The accompanying notes explain how the form should be completed and includes details of what other alternative versions can be used in place of a VAT65A.



Latest News

Want to pay-off your student loan in full?
14/05/2019 - More...
Student Loans are part of the government’s financial support package for students in higher education in the UK.

Tax on a private pension you inherit
14/05/2019 - More...
Private pensions can be an efficient way to pass on wealth, but it is important to consider what, if any, tax will be

CGT and chattels
14/05/2019 - More...
A charge to Capital Gains Tax (CGT) usually arises after an asset is sold. However, there are special rules concerning