Glossary ยท Self-billing

Input tax

The VAT a business pays on its purchases, which it can usually reclaim.

A VAT-registered customer normally reclaims the VAT on self-billed invoices as input tax โ€” but only where the supplier was VAT-registered at the time.

Read the related guide โ†’

General information, not tax advice โ€” confirm your own position with your accountant or HMRC.

Related terms

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