Can I claim back VAT on items purchased for the business using personal money?
Hi,
I'm the director of a new company which has no assets or balance in the bank account. I'm paying for subscriptions and various company-related items with my personal money, and listing these as non-current liabilities "due-to-ymorar", as I don't know when the company will be able to pay me back.
However, I was wondering if I could claim VAT back on these purchases, given that it is a loan? I am VAT registered.
