-
Recent Posts
Recent Comments
Archives
- March 2017 (1)
- February 2017 (1)
- August 2016 (2)
- June 2016 (2)
- April 2016 (1)
- August 2015 (1)
- May 2015 (1)
- February 2015 (1)
- January 2015 (1)
- December 2014 (1)
- November 2014 (1)
- October 2014 (1)
- September 2014 (1)
- July 2014 (1)
- June 2014 (2)
- May 2014 (4)
- April 2014 (4)
- March 2014 (6)
- February 2014 (4)
Categories
- Accounting (4)
- Accounting practice (1)
- Accounting standards (1)
- Business (5)
- Business process management (3)
- Business processes (3)
- Corporate Tax Act (6)
- Events (1)
- HRMS (1)
- Local Taxes and Fees Act (2)
- Payroll (4)
- Personal Tax Act (4)
- Software (5)
- Tax-Insurance Procedure Code (3)
- Taxes (30)
- Temporary disability (1)
- VAT act (14)
Tag Cloud
appeals Art 89 of CITA art.68 para 2 of the VAT act artart article 100 from VAT act article 44 of Local Taxes and Fees Act booking.com Borrowed funds BPM business deals Car corporate tax advance installments Customer stories financial statement GAAP Human Resource Management Software IFRS Inherited property interest Local Taxes and Fees Act methodology National Insurance Institute penalty Personal Income Tax Act physical person running Software tax credit tax event taxes VAT VAT Act VAT appeal VAT credit VAT registration-
Other:
Follow us:
Tag Archives: VAT credit
Loans, interests and partial VAT credit
It is a well-known fact that when a company performs both VAT taxable and non-taxable sales under the meaning of the Value Added Tax Act (VAT Act), for all purchases which cannot be assigned to one of these categories of … Continue reading
Posted in Taxes, VAT act
Tagged interest, loan, partial vat credit, tax event, VAT credit
Leave a comment
Tagged interest, loan, partial vat credit, tax event, VAT credit
Leave a comment
Marketing tricks, related with VAT, sell cars
Probably everyone has come across car dealers’ advertisements, claiming that the advertised cars all tax (VAT) credit to be used by the buyers. Since the tax credit right is a great marketing message, traders also save the client the other … Continue reading
Downpayments – a VAT credit right in case of registration under the VAT Act
I will neither comment on the general conditions of the VAT credit right nor the overall procedure of using a VAT credit in case of registration under the VAT Act. I will only review the possibility of a VAT credit … Continue reading
Exercising VAT credit right – is time a factor?
Let’s consider the following case: The goods are sold on 12 August 2011 and the stock receipt for transfer of ownership was issued on the same date. However, the invoice was not issued as a result of an omission of … Continue reading
Posted in Taxes, VAT act
Tagged art.68 para 2 of the VAT act, art.72 of the VAT act, invoice, VAT credit
Leave a comment
Tagged art.68 para 2 of the VAT act, art.72 of the VAT act, invoice, VAT credit
Leave a comment
How to use VAT credit for the company car?
Since the beginning of 2013, the Value Added Tax Act (VAT Act) is a bit more liberal as far as VAT credit right for cars is concerned. Under the current provisions, the VAT Act allows VAT credit on rental payments … Continue reading