Loans forgiven trigger donations tax
More often than not, individuals forgive each other and cancel out debts. However, in as much as a cancelled or...
Private use of business assets triggers VAT
The basics To fully comprehend this seemingly complex matter it is vital to take a step back and understand a...
No VAT claims on private phone calls
Today we want to analyse one of the most common mistakes done by some VAT registered taxpayers when it comes...
Rent-to-buy deals not VAT-smart
Allow us to clarify and demonstrate why rent-to-buy schemes may prove to be VAT-inefficient for suppliers, per the current VAT...
