United Kingdom
I have a n inventory item that has been lost.
When putting it to loss do I claim the entire amount including vat as an expense or do I declare the ex vat rate for the item and claim input vat for the vat part of the item?
I have a n inventory item that has been lost.
When putting it to loss do I claim the entire amount including vat as an expense or do I declare the ex vat rate for the item and claim input vat for the vat part of the item?