I’ve recently bought quite a lot of IT equipment, which has been funded using hire purchase. The supplier of the equipment has invoiced the finance company rather than my own company. Can I still claim VAT on the purchase? 

Arthur replies: 

In order to reclaim input VAT, it is necessary to be able to support the claim with a valid VAT invoice. See HMRC’s VAT Input Tax Manual at VIT31200. Your name must be shown on the invoice – see VAT Notice 700 section 16.3.1. If your name is not shown on the invoice, strictly speaking, itis not a valid VAT invoice. VIT31200 states that HMRC has the discretion to accept alternative evidence. See HMRC’s guidance regarding the requirements. It is not straightforward. It would be much better if the supplier could issue you with an invoice in your name.