VAT returns question

[his holiness nb]

Can you claim back VAT on van insurance on a vat 3 form?
Its used for the business

[Shamrock Shore]

There ain't VAT on insurance so No.

Insurance and all financial services are exempt from VAT.

[bingobus]

Can you claim back VAT on van insurance on a vat 3 form?
Its used for the business

No VAT on Insurance no matter who or where you get it. Although I have come across people who claim VAT back on any payment they make, even donations 

[his holiness nb]

Thats what I suspected, cheers!!

[longball]

Worst story ive had a boy phone me up and say he bought a digger some time back he but the supplier never gave him an invoice so he asked could he just make-up his own invoice stick the boys VAT number on it and claim the VAT back    naturally told him NO but surly if u paid £20K on a digger the supplier wud supply invoice. some people eh? any other dodgey stories out there?

[longball]

any other dodgey stories out there

Could start a new section on the board with stories about dodgy dealers...but my favourite has to be the client who was claiming back VAT on his VAT payment! Cowboys Ted!

thats unreal  good laugh. had another client say his sit-on lawnmower was 100% business use for Capital allowance purposes- his business is renting of student housing in Belfast where the lawn is one meter by 2 meters lol

[Shamrock Shore]

Know of a GAA club that put the drainage of their pitches etc through their bar costs.

(For VAT purposes the bar is a seperate trading entity as a GAA Club in itself cannot be VAT registered)

They got rogered by Revenue.

Claiming VAT on the VAT payments is a new one on me 

[longball]

just reminded of another good one in our office there> a client done up his own VAT and Claimed back on a BMW!!! then he had a VAT inspection and hada pay it back! the next return after the inspection he claimed it again lol i queried him on this and he said- sure they wont check again! 

[bingobus]

Some crackers.

We'd have one wee Multi-tasking jobsworth with several little trades on the go. He does his own VAT returns and when we do his year end accounts its always a minefield going through his VAT returns.

He has cliamed VAT on donations, cars, clothes, anything goes.

He even claimed the family holiday to Italy one year. Claimed that he was taking pictures for his wedding album business. First we heard of it!!

[longball]

lol theres sum cowboys out there hi