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Showing results for tags 'diy build vat scheme'.
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On the Discounts thread and off-forum we are having a debate about how to recover VAT on purchases made with a Gift Card (eg from an Employee Rewards scheme). So, for example, if I put my £12k kitchen or £150 paint through a Wickes or B&Q Gift Card in order to save about £1200 or £15, what documentation do I have obtain and present at the end in order to get the VAT back from the HMRC under the DIY build scheme? I will be asking HMRC for advice via the Helpline, but has anyone successfully completed this cycle? What did you do, and eere there any difficulties? There are at least 2 different cases ... one is where VAT is charged on the purchase or top up of the Gift Card, and the other where it is charged at the time of Sale of Goods. Homebuilding Mag had *this* article about VAT Reclaim in 2016 by Accountant Andrew McDonald, which does not address this detailed point. Does anyone happen to know Andrew to invite him to comment on this thread? Any experience or resources will be welcome. I hope to produce a small FAQ at the end. Rgds Ferdinand
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- vat reclaim
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