Sales taxForums › ACCA Forums › ACCA FA Financial Accounting Forums › Sales taxThis topic has 3 replies, 2 voices, and was last updated 1 year ago by mrjonbain.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts March 14, 2023 at 9:05 am #681276 HinthuParticipantTopics: 19Replies: 19☆If a business is a tax registered, then can it recover the tax it suffered from the purchase of an asset? March 14, 2023 at 12:34 pm #681280 mrjonbainModeratorTopics: 6Replies: 2295☆☆☆☆☆In general terms it usually can. Not sure if this can or will be asked at this level. It would depend on individual sales tax in question. With VAT it can subject to certain conditions. Hope this helps. March 15, 2023 at 6:02 am #681323 HinthuParticipantTopics: 19Replies: 19☆Thank you. March 15, 2023 at 6:14 am #681326 mrjonbainModeratorTopics: 6Replies: 2295☆☆☆☆☆You are welcome.AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In