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Where Taxpayers and Advisers Meet

overseas business not started yet

Nonimous
Posts:89
Joined:Thu Jul 16, 2009 12:39 pm
overseas business not started yet

Postby Nonimous » Thu Aug 31, 2023 4:10 pm

Client runs a hotel chain which is currently only in the UK
Client is looking at moving into the EU and has been looking at various sites, getting architect plans etc. These have been subject to VAT in the country where the sites are, which appears to be correct.
Obviously when/if client actually starts construction and there will be a business or a potential business then the client will need to register for VAT in the new location(s). But what can she do with the overseas VAT in the meantime - hold on to the invoices and hope not to go past any time limits for pre-trading expenditure?

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