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John Lewis splits >£2000 order in 2 receipts

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    #11
    Originally posted by DallasDad View Post
    Oh ok that makes sense if it is for multiple purchases.
    I had assumed this was for a single item.
    <giggle>
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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      #12
      Other thing to watch out for :

      https://www.gov.uk/government/public...all-businesses

      15.3 What counts as a single purchase of capital goods?


      The normal VAT rules are used to determine whether any particular supply is one, or more than one, purchase and whether supplies are of goods or services.

      Examples of a single purchase are:
      •a computer package (computer, printer, camera, scanner, speakers etc.) bought as one package is one purchase of capital expenditure goods. If the package costs £2,000 or more (incl. VAT) then input tax can be claimed
      •items of kitchen equipment (a pizza oven, a fridge and a dishwasher) bought for a restaurant. If all the items are from one supplier at one time, then they count as one purchase of capital expenditure goods. If they are from three different suppliers or at three different times then they will be three purchases and each must be £2,000 or more (inc VAT) to qualify for a reclaim of VAT

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        #13
        What if you bought say a Mac and a PC at the same time?
        ⭐️ Gold Star Contractor

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          #14
          Originally posted by PerfectStorm View Post
          What if you bought say a Mac and a PC at the same time?
          It depends on what exactly your business does as they are different operating systems, and it also depends on how many directors/staff members you have.
          "You’re just a bad memory who doesn’t know when to go away" JR

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