Change is inevitable, and in many instances, also for the better. However, when it comes to changes affecting the supplies in your enterprise, one also needs to consider the VAT adjustments that result from such changes.
We offer a session to discuss and address the application of the change in use adjustments.
This session will address matters including, but not limited to, the following:
• The VAT implications of increase and decrease of proportion of taxable supplies
• VAT adjustments on irrecoverable debts
• VAT adjustments on the sale of a going concern
• Practical issues encountered with VAT adjustments