Hi, Thank you for the quick reply buddy. So any tools and equipment or clothing that I currently still have and use/wear in my job can be claimed back. But as I am s small Building company..as you can imagine I purchase my materials as and when needed and only what I need and these get used and so I don’t keep stock as such. So am I right that back dated VAT on materials previously used to create a product cannot be claimed as I no longer physically own the original product? And again, thinking along them lines…fuel purchased 4 years ago I would no longer have and would have been used the same as if for example timber purchased would then have been used to construct a roof? Along with screws, hangers etc. Etc.
Thanks
Luke