Output vat for Petrol

This topic has 1 reply, 2 voices, and was last updated 1 year ago by JillyB.

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August 6, 2024 at 11:44 am #709215
alawi sayed
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Hello Jilly,

In case of petrol and repairs of the cars expense given to employees and directors why there is an output Vat even though this operation is not involving a sale.

Thanks.
August 7, 2024 at 11:58 am #709253
JillyB
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For petrol use the scale charge as mentioned in section 4 of the chapter
For repairs – if there is business use then just recover the input VAT – same section in the notes
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