Tax Law
A shop owner has been registered for VAT for several years. She has recently purchased a variety of items for use in her business, including van accessories, fixed partitions for her office, a motorcycle for delivering goods, entertaining costs for UK-based business customers, and a computer for office use.
Which of these items the owner cannot recover input VAT for?
A shop owner has been registered for VAT for several years. She has recently purchased a variety of items for use in her business, including van accessories, fixed partitions for her office, a motorcycle for delivering goods, entertaining costs for UK-based business customers, and a computer for office use.
Which of these items the owner cannot recover input VAT for?
Client entertaining costs.
(D) VAT cannot be reclaimed for business entertainment or any personal expenses.
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