OK, hot of the press. My VAT Inspector chappie has now just left the building having spend all day knit picking. One topic that did raise his eyebrows was.......
VAT on my flying costs.
My business is nothing to do with aviation, save that a couple of my clients own aircraft. We are a ltd company and registered for VAT because we have to be rather than as some sort of voluntary registration scam.
The company pay for all my flying,both in my own a/c and when I hire one from the local school
It goes on the P11D as a benefit in kind and I pay income tax on it. We claim back the VAT. All the invoices for everything are in the company name.
He says we cannot claim the vat as it is personal expedditure as the business is not in aviation. I told him it was a business expense as it forms part of my remuneration package.
We fight. Results will be posted here if anyone is interested!
