VAT and Customs Duty on C88 Form

[ian_roberts]

@gurupandit

I am a Fixed Rate VAT registered business and cannot claim VAT on normal purchases, however, I can balance out the VAT already paid to HMRC with my sales.

Really? I thought part of the point of fixed rate was that you can’t reclaim your input VAT (including on imports and acquisitions) except on large capital purchases.