Vat on own purchases in a company

jambai

Expert Member
Joined
Oct 18, 2007
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1,143
Just wondering if you are a vat vendor and say you are a builder could you build yourself a house and claim the inputs but not have any outputs in no invoices for that house or if there are invoices issued just never pay them ( yes would push up company tax only if make a profit )- ok that is a larger scale but say you have a company that is vat vendor and your staff buy something for themselves which is kind of in normal course of business ( example tool at hard ware store ) - could you claim that vat back ?
 
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