Related Commentary  

103B(1)  This regulation applies to a taxable person who incurs input tax in the circumstances specified in paragraph (2) below.

103B(2)  Other than where it falls to be attributed under regulation 101, where–

(a)input tax has been incurred by a taxable person in any prescribed accounting period on supplies to him of any of the services specified in paragraph (4) below and of any related goods, and

(b)those services and related goods are used or to be used by the taxable person in making both a relevant supply and any other supply, and

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.