The Supreme Court of Appeal held that value added tax (VAT) in respect of indemnity payments—made by the taxpayer relating to loan cover payments made for its unsecured lending business—was not deductible.
Source: KPMG
The Supreme Court of Appeal held that value added tax (VAT) in respect of indemnity payments—made by the taxpayer relating to loan cover payments made for its unsecured lending business—was not deductible.
Source: KPMG
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