The Mudcat Café TM
Thread #163957   Message #3917680
Posted By: Bonzo3legs
16-Apr-18 - 01:31 PM
Thread Name: Tech: Claiming VAT for studio purchases?
Subject: RE: Tech: Claiming VAT for studio purchases?
If you are running a business, even if your turnover is not expected to hit £80k, it may be worth your while registering for VAT in order to claim VAT charged on equipment purchases, then deregistering.

You will of course have to charge VAT on any sales invoices issued whilst registered. I do recommend you find an accountant who will advise you.