VAT: Business entertainment
VAT: Business entertainment
- 1988
- HM Customs and Excise News Release no 62/88 29 July 1988 1 page .
As from 1 August 1988, when VAT is incurred on expenses relating to business entertainment it will not be recoverable as input tax, regardless of whether the customer being entertained is based in this country or abroad.
As from 1 August 1988, when VAT is incurred on expenses relating to business entertainment it will not be recoverable as input tax, regardless of whether the customer being entertained is based in this country or abroad.