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VAT paid on export sales

user060916 · 2022-08-22 11:41:37

If I purchase stock before being tax registered and paid VAT on this stock. What happens if I sell the stock after being tax registered to the UK. Obviously I'll sell ex VAT but can I still offset the VAT paid on the stock against my VAT bill?

22-08-2022 11:41am

#1

user060916

Registered Users, Registered Users 2 Posts: 127 ✭✭

Join Date: April 2022

Posts: 95

If I purchase stock before being tax registered and paid VAT on this stock. What happens if I sell the stock after being tax registered to the UK. Obviously I'll sell ex VAT but can I still offset the VAT paid on the stock against my VAT bill?

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