Briefly explain two conditions under which bad debt relief on VAT might be provided

      

Briefly explain two conditions under which bad debt relief on VAT might be provided

  

Answers


Wilfred
Circumstances to claim VAT bad debt relief
- Where a debtor of a taxable person is declared bankrupt or insolvency
- Where a debt of taxable person remains outstanding for a period of at least 3 years but not more than 5 years
Wilfykil answered the question on February 25, 2019 at 09:04


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