From: "tim" <520010973502removethis@t-online.de>
Newsgroups: uk.finance
Subject: Re: Getting VAT back
Date: Mon, 31 May 2004 15:28:12 +0200
"Martin Jones" wrote in message
news:1086007492.133302@news01.eclipse.net.uk...
> I am a director of a limited company.
>
> As we are not VAT registered, am I able to purchase computer parts and get
> the VAT back, or do you need to be registered to do that?
No and yes.
> Also, since there is very little money in the bank account, if I buy the
> parts on my own credit card and get the invoice made out to the company,
is
> this acceptable?
For the purposes of your accounts, yes.
It creates a SoGA problem though, but I guess this is not
an important consideration.
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