Newbie question here I'm afraid. I need to undertake some training at a cost of approx £390.
I shouldn't really be paying myself a dividend for the next few months, but could do with using cash in my Business Account to ease cahflow. So, can I pay for this from my BMM account and be kosher with HMRC - how would I represent this? Can I recover the VAT? I'm on the FRV scheme. I am guessing no - but worth asking the Q.
Cheers
I shouldn't really be paying myself a dividend for the next few months, but could do with using cash in my Business Account to ease cahflow. So, can I pay for this from my BMM account and be kosher with HMRC - how would I represent this? Can I recover the VAT? I'm on the FRV scheme. I am guessing no - but worth asking the Q.
Cheers
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