VAT on building levies?

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  • michellepace
    Bronze Member

    • Oct 2018
    • 131

    #1

    [Question] VAT on building levies?

    Hello,

    The company I work for owns a portfolio of properties. One of the properties belongs to a body corporate. I'm entering a supplier invoice for an invoice which I have just recieved from this body corporate. I can obviously not claim VAT on the charge for electricity. But what about the maintenance levy, can I claim vat on that?
  • Dave A
    Site Caretaker

    • May 2006
    • 22807

    #2
    Surely one issue is "is the expense incurred in the course of generating VATable income?"

    I ask because I confess I'm confused by this statement -
    Originally posted by michellepace
    I can obviously not claim VAT on the charge for electricity.
    I seem to be missing the obvious. My municipality certainly raises VAT on the electrical supply to my business, and I claim it as input VAT. Why can't you claim the VAT?

    Originally posted by michellepace
    But what about the maintenance levy, can I claim vat on that?
    Is the body corporate a registered VAT vendor that is raising VAT on their invoice?
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