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Search results: 3 article(s) found in topic: Irrecoverable VAT - keyword: Miscellaneous

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BLOCKED INPUT TAX

When is input tax non-deductible?

Your business will incur input tax when it purchases goods and services. Being registered for VAT and making taxable supplies allows much of this to be reclaimed, but when are you prevented from recovery? More...

STAFF THEFT

What are the VAT consequences of staff thefts?

If staff steal money or goods from you, aside from the most obvious issue, this could have VAT consequences for your business - but what are they and how should you deal with them? More...

IRRECOVERABLE VAT

Making use of other taxes

It may not be fair but you can’t always recover all the VAT on your costs. But there are ways of offsetting these costs against other taxes - so what do you need to do? More...
Last updated: 18.12.2018

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