Input VAT recovery is conditional. Review the business purpose, use of the expense, supporting documents and relevant timing rules. Personal or restricted expenses and costs connected to exempt supplies may require different treatment or apportionment.
Practical review checklist
- Check the invoice details and the business that incurred the expense.
- Record the use of shared costs and the allocation method.
- Review recovery conditions separately from whether the supplier charged VAT.
Check the rules for your transaction
Use the current official FTA guidance and legislation and VAT public clarifications. This introductory guide does not cover every exception. Confirm the requirements for your business and the period concerned.
Need help reviewing your records?
Explore BWMC VAT consultancy or contact the team with the transaction type, reporting period and issue you need to resolve.