Hi everyone, I'm a newbie and would really appreciate some advice. I have an invoice for hotel accomodation made out in Euros, the TVA is shown at 7%. Is it possible to claim that back under UK VAT rules, and whats the best way to show it on sage? Thanks in advance
Although you can't include the invoice on a UK VAT return, there is a process by which the TVA could potentially be reclaimed (see here for details).
You would also need to check that the host country (which I assume is France) allows input VAT to be reclaimed for that type of expense. The European Commission website has general guidance on how VAT operates in each of the EC countries - see Chapter 54 of the following guidance for a list of items on which input VAT cannot be reclaimed in France.
__________________
Pearce & Co - Chartered Accountant and Chartered Tax Adviser