Hi, just wondering how you guys do this.
SARS regulations are that input VAT can only be claimed on a valid tax invoice, which requires your companies VAT number on it. But for all general office expenses purchased on the company credit card (eg. stationery, office equipment etc). how do you treat the VAT?
My thought was to create a single "corporate card" supplier and record all expenses through that supplier in order to get the input VAT from all the misc expenses.