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  • Tax - Schedule of pre-registration expenditure
    Schedule of pre-registration expenditureIf you trade before you register for VAT, you could claim input tax going back up to four years.Pre-trading expenditureIt is possible for you to reclaim some of the VAT you incur before you register on the first VAT return (when you eventually do). VAT can be reclaimed on pre-registration purchases of both goods and services, but there are restrictions. VAT can be reclaimed:on goods if the purchase was incurred during the four years prior to registrationon services if...
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