A partner in an LLP has leased a car. It will be used about 60% for business use. The lease can't be changed to be in the name of the LLP. Can the leasing etc costs be treated as a partnership expense and the Input Tax reclaimed?
28th Jan 2022
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Can LLP reclaim VAT on inv in partners name
Partner has leased a car. Approx 60% business use. Can the LLP reclaim the input tax?
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