Any Input VAT on bank charges?

That's because you're not operating a 'cash accounting' scheme. You can operate cash-accounting up to some (quite large) level of turnover. It's of the order of 250000 or 500000 pounds I think.

Yes, but cash accounting doesn't change the basic principle - it's just a facility for small businesses.

I've just bought some petrol, paid for by credit card, and when asked whether I wanted a VAT receipt I said no thanks. The till slip I received doesn't show any VAT information at all -- just the date, sufficient numbers to identify the card I used and the amount charged to it.

Untypical, then?

Matti

Maybe things have changed - I have definitely seen the receipt with everything and this is not a vat receipt. Maybe it is only the garages I went to.

I think it just varies with who you buy from. Some give a receipt and a card transaction record, some only the latter. They always ask whether you want a VAT receipt, but I'm sure it would save time just to give one anyway. Maybe the practice dates from the days when the printers were dead slow and there was a queue of people waiting to pay.

What other possible advantage could accrue to the station from not issuing a VAT receipt? Perhaps if they know there's no record out there of them having made a VATable supply, they can pretend it didn't happen, and save a fortune on VAT. Nah, couldn't be true.

I have just looked at two recent fuel purchases. One was a credit card duplicate, with "This is NOT a VAT Receipt" at the top. The other was the actual receipt with "VAT Receipt Summary", followed by VAT Rate, Net amount and VAT Paid, then the VAT registration number.

If you ask for a receipt, then you get the latter.

It is. See Regulation 14 of the VAT Regulations 1995 which says, amongst other things, in 14(3):

...any ... document ... shall not, notwithstanding that it may contain all the particulars set out... above, be treated as a VAT invoice provided it is endorsed "This is not a VAT invoice."

Best wishes

Robert Killington Visit