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Reclaim VAT on entertaining

November 18, 2010

Since 1988 UK businesses have been prevented from reclaiming VAT on the cost of entertaining overseas customers. That policy has now been reversed, so you can now submit refund claims for VAT paid on the cost of entertaining overseas customers (not suppliers). However, there is a catch; you need to know who the customers were and have all the paperwork. Also claims will only be accepted for VAT periods ending in the last four years. We can help you with these claims.

 Change to treatment of VAT on entertaining

http://www.hmrc.gov.uk/briefs/vat/brief4410.htm