Hi
My partner with my help will be starting out as a smallholder on the 5th April and registering for self assessment. I do not envisage her either making any money in the first 2 years and turning over £85K.
During the first few years there will be considerable investments made for example new equipment 7K, new shed 20K and animal feed / bedding.
Can she register for VAT and claim it back in the first few years from starting up?
Thanks for any advise
Grant
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