VATupdate

VAT correction private use company cars: not even 0,5% of appeals processed by tax authorities

In 2012 many taxpayers appealed against the VAT correction for private use of company cars. In total, more than 478,000 entrepreneurs objected to the VAT correction. Not even 0,5% of all appeals have been processed by the tax authorities to date...

Canteen sales subject to GST

Supply of food items to the employees for consideration in the canteen run by the appellant company would come under the definition of ‘supply’ and would be taxable under GST.
Source: A2ZTaxCorp

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