VAT input tax checklist

September 2nd, 2011

Checklist for VAT input tax

		Yes	No	N/A
	Record keeping
1	Have input tax records been reviewed for?
2	Is sa satisfactory evidence held to support input tax claims?
3	Have the records been reviewed to ensure that input tax has been claimed at the correct time?
4	Has input tax claimed on expenditure which remains unpaid after six months been added back?
	Private and non-business use
5	Has input tax been restricted appropriately on expenditure for private purposes?
6	Has input tax been restricted appropriately in respect of non-business activities?
7	Has VAT incurred on expenditure with mixed business and private/non-business use been correctly adjusted?
8	Have Lennartz output tax adjustments been made if required?
	Partial exemption
9	Have partial exemption calculations been carried out correctly if required?
10	Have Capital Goods Scheme adjustments been carried out correctly if required?
	Business entertainment
11	Has the recovery of input tax on business entertainment been restricted?
	Cars and motoring expenses
12	If a car has been purchased has input tax recovery been restricted appropriately?
13	Has input tax been restricted appropriately on the lease or long-term rental of cars available for private use?
14	Has input tax been claimed correctly on the purchase of fuel for cars?
15	Has input tax been correctly adjusted in respect of vehicles other than cars which are available for private or non-business use?
16	Has input tax been claimed correctly on business mileage payments to employees?
	International transactions
17	Has input tax been claimed correctly on goods imported from outside the European Union?
18	Has acquisition tax on goods acquired from a supplier in another European Union member state been declared correctly?
19	Has input tax been accounted for correctly on services received from overseas suppliers?

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