I have a quick question regarding deemed VAT.
Our client is buying a website from an individual (who is not registered for VAT) as an income earning activity.
Can we deem the purchase to be a VAT deductible expense and claim the VAT on it?
I have a quick question regarding deemed VAT.
Our client is buying a website from an individual (who is not registered for VAT) as an income earning activity.
Can we deem the purchase to be a VAT deductible expense and claim the VAT on it?
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