Joined: Jul 20, 2004 Posts: 3702 Location: Birmingham, UK
Posted: Tue Jun 12, 2007 2:23 pm Post subject:
My VAT application got rejected as they said "since there is no income and there will be no income until you qualify, you cannot class yourself as a business". However, I have heard other have been successful in this, and a few people I know who ran a business and were already VAT registered managed to put "some" of their flying through that business.
Please do let us know if you have any success though, it would be nice if you could get it back - after all, how is it any different from investing in business start up costs?
Well quite right did you present a business plan?
Iím going to have a word with a few friends that are accountants, soon
I get the idea that it was open for abuse from people claming vat back for just a PPL and not going any further, by Mr Brown has closed this loop and if you try it on you get in trouble and big fine. _________________ FAA, JAA, HK, AACM
Bell 206, AS 350,
AS355, AW139<br><br> *in a muffed voice*
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum