Pre registration VAT
Posted on 09 Nov 2022
Smith t/a Heliops UK [2015] TC 04237
The recent Smith case is a useful reminder of the treatment of pre registration VAT say Harris & Co accountants Northampton
The First-tier Tribunal (FTT) dismissed the appeal against (1) HMRC’s decision to disallow a claim for pre-registration input VAT inclusive in relation to helicopter pilot training and (2) the related penalty assessment.
Essentially the Tribunal said that you cannot reclaim pre registration VAT on services supplied more than six months before registration. A service is anything other than goods.
