Smarter accounting

Pre-registration input VAT

12 May 2015, Advocates, Artists, Barristers, Companies, Musicians, Sole Traders

Input VAT is the VAT you pay on purchases of good and services.  Once a business is registered for VAT, this input VAT can be reclaimed as long as it relates to taxable supplies.  Under specific circumstances pre-registration input VAT can be reclaimed. View image | Reclaim pre-registration input VAT Goods In most cases […]

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