HMRC has just released Revenue & Customs Letter 8: Amendment to Partial Exemption Payments. This applies to companies that supply goods through time-to-head purchase contracts. Goods delivered at the time of purchase at the time of time or under conditional credit or sales agreements are generally treated as a direct sale in which the goods are transferred from the outset. This means that, unless the supplier extracts a VAT invoice, the delivery date is linked to the property tax service. You claim a VAT refund on a rental purchase on your next VAT return. This is quarterly or monthly if you have been registered for 12 months or more. You can normally recover VAT on a rental purchase up to 4 years after signing the contract. .