One of our clients is a dental practice - they've approached us with the view of registering for VAT in order to reclaim input tax on taxable and residual ...

To reduce that sticker price, use a tax relief form, commonly referred to as a VAT form. Items reduced by 19 percent with a VAT form include vehicle purchases and repairs, clothing, furniture ...

When a VAT-registered company submits its VAT return, there will sometimes be a refund due. This occurs when the business has paid out more in VAT in the qualifying period than it has received.