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Where can I see how much vAT I will get back on purchased goods?
Where can I see how much vAT I will get back on purchased goods?
As a subject to VAT, you can recover all the vAT you pay. If you have paid more vAT than your customers have paid you, you will receive a refund. If you have received more vAT from your customers than you have spent, you will have to pay part of that vAT to the government.You can see a summary of your vAT declaration in your declarations in Dexxter.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.