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input VAT recoverable

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › input VAT recoverable

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by AvatarTax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • September 7, 2020 at 10:16 am #583760
    AvatarNoah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    if a machinery has been bought 8months prior to VAT regt. and has been used in the business ever since, then can Input VAT be reclaimed?

    its urgent! pls somebody do reply!

    thanks

    September 10, 2020 at 11:59 am #584665
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3960
    • ☆☆☆☆☆

    Your notes or study manual will tell you the answer to this question. I presume from your urgency that you have taken the exam – I hope that you receive good news when the results are published!

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