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Should I reclaim VAT on mileage if I'm on Flat Rate?
Hi there,
Just logging my mileage expenses. I'm on Flat Rate VAT so can't reclaim any VAT on purchases. Should I tick the box 'Reclaim VAT on Mileage?' or not?
Many thanks!
Adam
Just logging my mileage expenses. I'm on Flat Rate VAT so can't reclaim any VAT on purchases. Should I tick the box 'Reclaim VAT on Mileage?' or not?
Many thanks!
Adam
I’m happy but would like an answer
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Inappropriate?Adam,
FreeAgent will just ignore your tick and not reclaim.
We're thinking about hiding that bit if you're on the flat rate scheme (or rather, if you've always been on it, since we don't know in advance what date you're going to enter...)
1 person says
this answers the question
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Inappropriate?Thanks, Ed, I thought so. Good to have it confirmed, though. Yes, I guess hiding for those on Flat Rate would be less confusing!
I’m happy
EMPLOYEE
