T
The MOB
Guest
A friend of mine runs a company (Ltd). The company was involved in a legal case which I believe was settled. It related to an employee being injured while at work. The insurance company paid out I believe and as far as I know paid the legal costs etc also. However, my friend's company were invoiced for these costs directly on the basis that it (and not the insurance companies involved) could reclaim the the VAT on these invoices.
My question is this: Can my friend's company correctly reclaim the VAT on these invoices? If yes what are the sections in the VAT Act (and or any regulations and legal cases) that allow this?
I also posted this in the askaboutbusiness section of this site.
My question is this: Can my friend's company correctly reclaim the VAT on these invoices? If yes what are the sections in the VAT Act (and or any regulations and legal cases) that allow this?
I also posted this in the askaboutbusiness section of this site.