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Slater Electrical is a sole trader who is registered for VAT. On October 10, 2019 he purchased a work van, a Ford Transit, for 12,000
Slater Electrical is a sole trader who is registered for VAT. On October 10, 2019 he purchased a work van, a Ford Transit, for 12,000 (exclusive of VAT) for business use only.
What is the input tax Slater Electrical can recover in relation to the purchase of the Ford Transit work van?
a)2,400
b)0
c)2,000
d)1,200
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Technical Audit A Thoroughfare Of System Perfection MBTA Management By Technical Audit
Authors: Shankar Bakhsh Srivastava
1st Edition
3848483343, 978-3848483341
