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You are using environment friendly systems in your business premises and you can certainly claim 100% of this against your tax.
I would advice you to kindly get formally registered it VAT (get your business registered) and thus formalize your purchase. Along with this, this will be overall beneficial as you would be anyway using the said systems in the building which has a business purpose. So, I would suggest you to get registered with VAT and then claim your spendings.
I am sure this would help...
Ous is a vey small bisnuess and we have been advised that it is not worth us being VAT registered.We can claim back 100% including the VAT against tax but as it cost more that jsut buying it ourselves is it worth it?
Yes, it is still worth it. Getting VAT registered cannot be as costly as equal to buying the environment systems yourself. It is certainly beneficial to get registration and its worth it. You may consult proper local person to guide you with VAT registration.Alternatively you may do it yourself online at http://www.hmrc.gov.uk/vat/start/register/how-to-register.htm
You will also be able to reclaim VAT on purchases prior to your date of registration http://www.hmrc.gov.uk/vat/start/register/purchases-before.htm
You may have all your VAT queries answered at http://search2.hmrc.gov.uk/kbroker/hmrc/contactus/search.ladv?sr=0&as=1&cs=ISO-8859-1&sc=hmrc&sf=&sm=0&nh=50&ha=34&tx0=67&fl0=contactid:&tx1=&raction=view
I hope this helps...
Will get more advice on this and get back to you. Pehaps for this item it is worth it but not for the day to day running of the business which is why we were advised against it. Will check it out if it is more hassle than it is woth just for one item and come back to you then
Sure, no issues.. I hope this advice remains useful to you.. As per my knowledge, there is no day-to-day trouble that one encounters after obtaining VAT registration.You should go for it..