cis tax return and vat

[chris_mc_donnell]

i am currently doing my cis tax return. i was wondering if i go vat registered an i claim the vat back on my fuel does this affect the amount i can clam on my mileage at the end of yr?

[pawncob]

Yes it will, because you'll reclaim the VAT on fuel, so you'll only charge the net cost to the P&L account, ( and you'll (probably) have to pay the VAT fuel charge as well.)