For example, when £200,000 has been spent on a new combine the return would include a VAT claim for £40,000. “A quirky return will draw HMRC’s attention, and it is likely to ask you to send ...

Submitting your VAT return to HMRC every year; Maintaining a VAT account and records; VAT registration. ... For example, if you sold £65,000 worth of goods over 12 months and £30,000 worth of services ...