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September 3, 2019
Question

Can some one please advice , I’m new to quick books I’m cash accounting When I pay a supplier on my credit card is vat claimed back then ? Or when I pay bill Thanks

  • September 3, 2019
  • 1 reply
  • 2 views
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1 reply

JaneD
Level 6
September 3, 2019

Hi there, audreysteppingou.

 

Purchases or bills you make using your credit card may or may not have VAT on them that you can reclaim. It also depends on the product that you have purchased.

 

In this case, you can consult HMRC or an accounting professional for further information and guidance.

 

Let me share some of resources that will help you in the future:

Please leave a comment below if you have any other concerns. I'm always around to help. Wishing you a good one.