Hi,
May VAT be claimed on gifts to staff members (ie. say a babyshower gift)?
Thanks!
Hi,
May VAT be claimed on gifts to staff members (ie. say a babyshower gift)?
Thanks!
Nope
Dave A (17-May-12)
Thanks! Thought so!
Hi guys, sorry to reopen a VERY old thread, but I have to ask.
My common sense tells me that I cannot claim VAT on gifts to staff, but I would love to give my client a reason, not just because I said so.
So I was thinking of saying not expenses incurred in the production of taxable income, is that right?
The input tax on gifts is expressly denied.
If you have a VAT 404 handy, read Chapter 8.5
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