Yes, if your business is VAT registered you must apply VAT to expenses that you collect from clients, in the same way you would on your sales.
Yes, if your business is VAT registered you must apply VAT to expenses that you collect from clients, in the same way you would on your sales.
Damion Viney
Damion Viney has been supporting business owners to make a success of their ventures since 2011 when he set up Co-. Blogs cover all aspects of business development. He is co-author of Improving the Numbers.