(b)either stock for resale or fixed assets (HMRC Input Tax Manual at VIT 32000).
The time-limit was extended to four years from three years, from 1 April 2009. However, transitional provisions stop claims from then being made for supplies received before 1 April 2006, i.e. which were already three years old (Value Added Tax Regulations 1995, reg. 111(2C), (2D), (3C) and (8); ¶19-130).
(2)Services received before registration
Services received before registration are as follows: