Diego

Good afternoon, thanks for replying. Simply putting things, I'm the sole director of the limited company I registered last year. I've been paying for goods and services that I'm or will shortly be using to promote the future product sold by the company. All the invoices for those goods and services are under my name as at the time I paid for them, I didn't have a business account set yet for the company. I consulted with a UK lawyer yesterday and they said it would be perfectly fine to claim VAT back for those invoices, once I register my limited company for VAT, and as long as I can prove those expenses were indeed related to my business. I'm not sure the information you gave me matches what they told me, hence I'd like a clarification please. Thanks a lot for your patience and help, -Diego

Hello, Thanks for providing specific examples. Yes, I could definitely provide links to my company's website(s) and other social profiles and pages, showing I'm actively promoting the product I'm working on, with the intention of releasing it and to trying to have revenues from it. Later on, I may consider as well selling promotional merchandise related to the product. One last question please. So far, all the goods and services I purchased in order to produce marketing material for the game, have been paid using my personal bank account and have been invoiced to me, as I didn't have a business account yet. Now that the account is open and active, could I claim back the VAT paid on those invoices, as a company? Thanks, -Diego

Hi, Thanks for your reply. I'm definitely planning to sell the video game, once ready to release, through all the relevant digital platforms (not only within the UK). However, due to the nature of the business I'm not sure how I can formally prove that. Is it enough pointing to the company's/game official website if asked to show some evidence? Thanks, -Diego

Hi, I registered a video game development limited company last year. I'm currently working on a game but: * It's not going to be released in at least year from now. * It will be released on digital gaming platforms. * I have no estimation about possible revenues and the amount of them. However, I'm already paying for goods and services aimed to the creation of marketing material for promoting the game. Am I'm legally allowed to register for VAT and claim it back for those goods and services purchases, even if I don't expect any revenue from the game, any time soon? Even if I could, is there any long term effect or disadvantage I should be aware of? Thanks, -Diego