Blog Q&A Calculators Students Logbook Contact

May I claim input VAT on deposits made?

Posted 10 June 2016 under Tax Q&A
Georg says:
9 June 2016 at 18:56

If I pay a deposit to a supplier in February and the Tax invoice is received in May, can I claim the input VAT in February? Or am I only allowed to claim the input VAT once the Tax invoice (dated May) was received. I know that on Output VAT (Sales) the Receiver argues: earlier of payment or Invoice. How is the case when I am purchasing?

Normally you don’t receive an invoice for a deposit.

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.

TaxTim TaxTim says:
10 June 2016 at 15:06

Please note input tax cannot be claimed without a tax invoice. Therefore the input can only be claimed in May once the Tax invoice has been received.


Get Tax Deadline Reminders, News and Tips
 

We'll tell you when you need to file, along with tax tips and updates.

Let TaxTim
help you
submit your
Tax returns!



TaxTim will help you:
  • Do Your Tax Return Easily
  • Avoid penalties
  • Save money
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Get started