It’s not surprising there is often confusion, given that the VAT implications here can differ according to the type of expense and how it’s used.
To help, we have produced 2 guides:
Claiming VAT on employee expenses
This simple overview focuses on common expenses such as meals, hotel accommodation, staff entertainment, domestic accommodation, mobile phones and mobile phone charges.
Claiming VAT on motoring expenses
Claiming back the VAT on motoring expenses is a complex area to navigate. This is because it depends on variables such as the type of car, how it’s bought/rented, how it’s used and how it runs (fuel or electric) etc. This guide looks exclusively at the different motoring options and implications.
Can we help?
It’s easy to get confused when it comes to reclaiming the VAT back on employee expenses. The nuances of different types of expenses and who is involved (employee vs. director) have different connotations.
Our two guides are aimed to give you a simple overview, however, for advice and information specific to your organisation’s circumstances do talk with your Shipleys contact or Nancy Cruickshanks and her team of VAT specialists – e: vat@shipleys.com t: 44 (0)20 7312 0000
Specific advice should be obtained before taking action, or refraining from taking action, in relation to this summary. If you would like advice or further information, please speak to your usual Shipleys contact.
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