If one thinks of all the different types of entertainment supplies, and all the direct or indirect ways in which a person can be supplied with "any food, beverages, accommodation, entertainment, amusement, recreation or hospitality" as contemplated by the definition, the possibilities are almost infinite.
As an input tax deduction should, in principle, not be denied in respect of legitimate business transactions, the denial of input tax is usually subject to a limited list of exceptions where certain specified conditions have to be met before the deduction of input tax may be allowed.
This session deals with these specific transactions and is aimed at clarifying some frequently asked questions with regards to entertainment and accommodation.
- Agent vs Principle
- General rules on entertainment
- Commercial Accommodation explained
- VAT treatment of supplies made by accommodation establishments
- Invoicing: Time and Value of supply
- Restaurants and catering businesses
- Clubs, Associations and similar bodies
- Miscellaneous Issues
- Conferences and Trade fairs
- Employee housing
- Subletting of dwellings
- Sale of furnished flats
- Promotional gifts
- Supplies by educational institutions
- Catering for film production crew
Note: If you're unable to attend the live webinar on the scheduled date, you can still book and pay for the webinar – the course notes and a copy of the recording will be provided for self-study in your own time.
Please note that this link is unique to you. Transferring this link to another user is an infringement of copyright. If you have subscribed to a course, the cost is per delegate, not per screen.