From: Ronald Raygun 
Subject: Re: Getting VAT back
Newsgroups: uk.finance
Date: Mon, 31 May 2004 16:27:42 GMT

tim wrote:

> 
> "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.

What SoGA problem does this create?