Expenses?? VAT inclusive/ex.Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Expenses?? VAT inclusive/ex.This topic has 1 reply, 2 voices, and was last updated 2 years ago by Tax Tutor.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts February 16, 2022 at 8:03 am #648694 Sourav9271ParticipantTopics: 170Replies: 120☆☆☆Sir in a question following 2 purchases were mentioned 1)Std exp of 28000 2) Purchase of machinery 24,000Now how to decide whether the amt is vat inclusive or exclusive…In answer these are treated exclusive thus ×20%However shouldn’t these expenses be inclusive since expenses paid would be on VAT inclusive invoices? February 18, 2022 at 4:25 pm #648878 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆Have you read the question carefully as there must be a note saying whether amounts are VAT inclusive or exclusiveAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In