VAT

Question 1

Up to what point can input VAT on services received before registration be recovered?

Answer 1

Six months before registration

Question 2

Up to what point can input VAT on goods received before registration be recovered?

Answer 2

Four years before registration provided they are still on hand at registration and supplied for business purposes.

Question 3

When can a supply be treated as a ‘single’ supply?

Answer 3

If one part of the supply is merely incidental to the main element.

Question 4

When can a supply be treated as a ‘multiple’ supply?

Answer 4

If the elements are separate and clearly identifiable.