1. We've split off Commercial Electrician Talk and Industrial Electrician Talk from the main Electrical Forum. Please take note when you're looking for and posting new threads. :) 

    Checkout the new Electricians Directory which you can add your business details to for free.

    We've also teamed up with an insurance firm to offer you guys some discounted insurance. These guys will customise your insurance to fit your needs perfectly. Enquire using the following pages: VAN - FLEET - PROFESSIONAL INDEMNITY - OTHER TYPES OF INSURANCE.

    Dismiss Notice
  2. Checkout the new British Forums, register for free and enter the competition to win a £25 Amazon Voucher!

    Dismiss Notice

Discuss Maintenance - claiming VAT back? in the Electrical Forum area at ElectriciansForums.co.uk.

  1. Rc3897

    Rc3897 New EF Member

    Location:
    Brighton
    Hi all,

    I have just started my first electrical maintenance job employed full time. Am I allowed/is there a way I can claim back the VAT on my future tool purchases? As it's my first job I will need to build up the tool list.

    Many thanks!
     
  2. Advertisement


    to hide this advert.
  3. slingshot2000

    slingshot2000 Regular EF Member

    You may only claim VAT back if you are VAT registered, and that is a whole load of hassle and probably not allowed if you are employed. You would have to then charge VAT (at 20%) on any work you invoiced.
     
  4. Adie moore

    Adie moore Regular EF Member

    Location:
    Coventry
    get your employer to buy them through the business and you can give them the money back less VAT
    edit; assuming they are VAT registered
     
    Rc3897 likes this.
  5. spinlondon

    spinlondon Trusted Advisor

    Location:
    Harlow Essex
    Get them to deduct the cost from your wages before tax or NI is deducted, if possible.
     
    Rc3897 likes this.
  6. Advertisement


    to hide this advert.
  7. Murdoch

    Murdoch Electrician's Arms

    Location:
    Woking
    I would call HMRC and ask them.... They don't bite!
     
  8. Risteard

    Risteard Electrician's Arms

    Location:
    Derry, Ireland
    Business Name:
    Walsh Electrical Services
    Not legally - they are required by law to charge the VAT if selling them on!
     
  9. darkwood

    darkwood Dreams in which I'm dying are the best I ever had. Staff Member

    Location:
    West Yorkshire
    Your Tax code allows for your tool allowance so you are already supplimented to a certain level but like others say, you are employed and not a business owner so the claiming VAT back is not an option.
     
  10. Pat H

    Pat H Don't ask, get an Electrician in.

    Location:
    Ware Herts
    Business Name:
    Sparks of Intelligence
    If the company buys them they are owned by the company and on their asset list. If they sell them on they have to charge VAT on the sale.
    They could buy them. Rent them to you at a token amount and then sell them later as used for much less than new....
     
    Rc3897 likes this.
  11. anthonybragg

    anthonybragg Regular EF Member

    Location:
    NORTHAMPTON
    Business Name:
    CHARLTEC ELECTRICAL LTD
    Yes if you want to be on hold for a hour +
     
  12. Pat H

    Pat H Don't ask, get an Electrician in.

    Location:
    Ware Herts
    Business Name:
    Sparks of Intelligence
    Of course the other option is to start your own limit company. Asset purchases can then be offset from your profits. And you can claim other expenses. Plus options on Dividend payouts as well as PAYE.
     
Loading...
Similar Threads - Maintenance claiming VAT Forum Date
Maintenance engineer qualifications transferable to domestic? Electrical Courses & Electrical NVQ's Oct 17, 2016
Maintenance in industrial company Commercial Electrical Talk Oct 3, 2016
DNO maintenance on 11KV line Electrical Forum Sep 25, 2016
KRG Maintenance / Electrician in Southend and Essex Directory of Electricians in the UK Sep 8, 2016
Electrical Maintenance Path Electrical Course Trainees Only Sep 3, 2016