The Bookkeepers.Network (BKN)

Post Info TOPIC: Claiming VAT on travel to Germany


Newbie

Status: Offline
Posts: 1
Date:
Claiming VAT on travel to Germany


Hi we have a sales rep who regularly travels to Germany to check on our customers. Whilst in Germany he records his mileage in his own vehicle and subsistence he pays for personally and reclaims when he returns to our UK based office.

He will give me all his EURO receipts on his return along with his bank statement so I can see the GBP equivalent to pay him. My question is can i claim VAT at for these receipts, will it be at 20%?

Thank in advance,

Lisa.



__________________

Lisa



Master Book-keeper

Status: Offline
Posts: 6899
Date:

Hi Lisa
What is the legal status of the business? Ltd?

Before you consider the Vat you need to consider the basis on which you are paying the expenses and whether or not that is correct.

Wholey, exclusively and necessary?

Do the varied expenses fit with the relevant legislation for allowability. Are they scales rates, above or below.

Eg. You don't say if you are paying against his petrol receipts in Germany? Plus on what basis do you recompense him for travel in the Uk? Issues of private use. Potential benefits issues.

Perhaps you can expand.

PS there are much better/simpler ways of processing the expenses which negate the need for all the shenanigans with his private bank statements, which could open up the employee to uncalled for scrutiny, as well as the business, in the event of an HMRC inspection.


Edited for typos



-- Edited by Cheshire on Friday 11th of May 2018 07:45:45 AM

__________________

Joanne McCormick

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.



Master Book-keeper

Status: Offline
Posts: 6899
Date:

Meant to ask what input the company Accountant has had in the introduction of such a process?



__________________

Joanne McCormick

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.



Master Book-keeper

Status: Offline
Posts: 6899
Date:

Another waste of time!!!!!



Shame as its actually a good Q

__________________

Joanne McCormick

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  

2018 The Bookkeepers Network (BKN). All Rights Reserved. The Bookkeepers Network (BKN) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Bookkeepers Network and BKN are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Bookkeepers Network. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Bookkeepers Network. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: info@bookkeepers.network or info@bookcert.co.uk.

Privacy & Cookie Policy