VAT Disallowed from Claim

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This topic contains 1 reply, has 2 voices, and was last updated by  VatExpert 1 week, 6 days ago.

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  • #3961

    Kapil
    Participant

    Will there be any VAT that businesses are not allowed to claim?

    #3972

    VatExpert
    Participant

    VAT will not be deductible in respect of expenses incurred for making non-taxable supplies. Furthermore, input tax cannot be deducted if it is incurred in respect of specific expenses such as entertainment expenses e.g. employee entertainment.

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