Article Database - Topic: 'Gifts' - Keyword: 'Business gifts'

How much VAT is payable on supplies to your workers? Publication date: 26.11.2018
Article database » VAT » Input tax
One of our subscribers runs a building firm. When equipment is no longer needed by the business he offers it to one of his subcontractors. He’s never accounted for VAT as he considers the items worthless. Is he wrong to do this?

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Last updated: 10.08.2020

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