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n Tax Breaks Newsletter - To claim, or not to claim - VAT, that is... : value-added tax

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Abstract

When can you claim input VAT on a vehicle? Most businesses that are registered for VAT will be aware that you generally cannot claim input VAT on the purchase of a "motor car" as defined in Section 1 of the Value-added Tax Act. But understanding what is included in this definition - and more importantly, what is excluded - could potentially result in the entire VAT amount being refunded to you.

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/content/montb/2015/356/EJC175444
2015-09-01
2016-12-08
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