Results 1 to 2 of 2

Thread: VAT on building levies?

  1. #1
    Bronze Member michellepace's Avatar
    Join Date
    Oct 2018
    Location
    South Africa
    Posts
    131
    Thanks
    15
    Thanked 3 Times in 3 Posts

    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?

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,014
    Thanks
    3,177
    Thanked 2,581 Times in 2,177 Posts
    Blog Entries
    12
    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 -
    Quote Originally Posted by michellepace View Post
    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?

    Quote Originally Posted by michellepace View Post
    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?

Similar Threads

  1. [Question] Refusing to pay Levies
    By Dientjie in forum General Regulatory Compliance Forum
    Replies: 5
    Last Post: 02-Jul-15, 10:10 AM
  2. [Article] Building Referrals
    By QUINN in forum General Business Forum
    Replies: 2
    Last Post: 20-Jun-09, 08:32 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •