sir I am confused on motor expenses which is partly used for private uses. in some question I see the input vat is recoverable and is deducted from output vat whereas in some question vat is not recoverable.
Ask the Tutor ACCA TX-UK
irrecoverable input vat
All the input VAT will be recovered so long as the scale charge based on CO2 emissions is then treated as output VAT on the VAT Return.
Sign in to reply to this topic.
