VAT vendors are entitled to deduct input tax on goods or services acquired for purposes of making taxable supplies. However, there are some exceptions where input tax is prohibited despite the goods or services being acquired for business purposes. In this episode, I discuss a case that deals with one such instance.You can contact me at
[email protected] if you have any feedback on the episode or would like to suggest a topic for a future episode.My website contains more resources and articles that may interest you – https://tax.pvdz.co.za. You are welcome to take a look!