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VAT

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

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by AvatarTax Tutor.
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  • January 20, 2020 at 9:54 am #559153
    Avatarakka17bakka
    Participant
    • Topics: 105
    • Replies: 98
    • ☆☆☆

    Hello tutor,

    Could you kindly answer my 2 queries regarding VAT?

    1. Output VAT charged on fuel.

    2. Private use of goods and services.

    Is input VAT recoverable if there is any type of private use?

    January 20, 2020 at 3:40 pm #559205
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3960
    • ☆☆☆☆☆

    See the OT notes – chapter 25 section 4 and section 3.1(d)

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