Commentary

RCB/1/12 VAT—pre-registration claims concerning VAT charged to a previous registration of the same legal entity at deregistration

Part V16 Forms and other HMRC material

RCB/1/12 VAT—pre-registration claims concerning VAT charged to a previous registration of the same legal entity at deregistration

RCB/1/12 VAT—pre-registration claims concerning VAT charged to a previous registration of the same legal entity at deregistration

Revenue & Customs Brief, Issue 1. 23 January 2012

This brief is for information only and explains HMRC policy on claims for VAT on goods on hand at registration that are received from persons who were previously registered for VAT, de-registered and have now re-registered.

Background

When taxable persons register for VAT they often bring assets into the tax system with them. There is a provision (VAT Regulations 1995 reg 111) that allows VAT to be recovered on such assets within set time limits and with normal

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