Claiming VAT Back on Accountancy Charges

[MikhailCompo]

Whenever I am charged my monthly accountancy fee, the accountancy system automatically adjusts it to except. Therefore I never reclaim VAT on those charges.

This is despite the charges listed on the website clearly showing £107 per month and I am charged £128.40

Am I being duped?

[MrButton]

Yep. Tell your accountant to fix it.

[MikhailCompo]

Yep. Tell your accountant to fix it.

By fix it, do you mean reclaim all the money I should have saved through the VAT calculations?

[MrButton]

By fix it, do you mean reclaim all the money I should have saved through the VAT calculations?

Well. It was your responsibility to sign off your vat returns so not sure how far that would go.

I mean fix their system to be able to reclaim the vat and not automatically exempt it for future transactions.

Who is the accountant?

[Lance]

Are you on the VAT flat rate scheme?

[MrButton]

Are you on the VAT flat rate scheme?

Good shout. Didn’t even think of this.

[MikhailCompo]

Are you on the VAT flat rate scheme?

No, std scheme

[northernladuk]

Have you tried speaking to your accountant to give them a chance to explain?