A lovely kink on this "VAT on Excess" issue has just cropped up.

I've been refunded my excess on a particular claim as the insurer managed to recover the cost of repairs from the other party to the accident. Well, almost.

The excess paid (to the repairer) was R2000 (including VAT).
Naturally the VAT portion was claimed as Input VAT.
I have now received a refund in the amount of R1754.38
This seems in accordance with the following section of the binding general ruling attached in the previous post.

2.11 Recoveries
A short-term insurer is not liable to account for output tax on amounts recovered from a third party or the third party’s short-term insurer. These amounts are not payment in respect of a supply to the third party or the third party’s short-term insurer.
I trust I can safely assume the same applies to my refund received, even although I'm not a short term insurer. The question now is how to post the entry.

Post to an "Other income" line item named "Income outside of scope of VAT" perhaps?
Not exactly a regular event...
Any ideas or suggestions welcome.