Flat rate VAT scheme wanting to purchase >2K of Office Equipment

[Antman]

Correct me if I'm wrong but in the flat rate VAT scheme, if I can get an invoice for stuff that is exclusively for the business that is over £2K I don't have to pay any VAT on it?

If that's the case, does anyone know of a one stop shop to do out a home office, (computer, comfy leather chair, desk, shelving, filing etc.) that I can get all the stuff on one invoice?

[Clare@InTouch]

If you buy capital equipment then you can reclaim the VAT under FRS, but you still have to pay VAT to the place you buy it. It has to be an asset of the business, and the invoice value needs to be over £2,000.

[scooby]

office world or staples?

[scooby]

Is it possible to spend 2k on office equipment if you're not buying hardware??

[Antman]

Is it possible to spend 2k on office equipment if you're not buying hardware??

Yuuur, probably not.

[northernladuk]

Is it possible to spend 2k on office equipment if you're not buying hardware??

<sigh>

Carat Executive Desk

Humanscale Freedom Leather Executive Chair Office Chairs UK

There is 2.6K.....

[Antman]

Actually I just had a quick look and it probably is possible. Staples sell laptops too and you only need to get to £1600 (not including VAT) to do this.

[scooby]

<sigh>

Carat Executive Desk

Humanscale Freedom Leather Executive Chair Office Chairs UK

There is 2.6K.....

But seriously, why would you?? It aint a investment... you can look just as good paying at most half the price.

[Antman]

<sigh>

Carat Executive Desk

Humanscale Freedom Leather Executive Chair Office Chairs UK

There is 2.6K.....

LOL, I'm more at the argos end of the market!

[scooby]

Actually I just had a quick look and it probably is possible. Staples sell laptops too and you only need to get to £1600 (not including VAT) to do this.

Fair point, buy a Mac, more than half way there then!!