Is your VAT being claimed correctly?

A QUICK QUIZ

Are there any transactions where Input Vat can be claimed on Staff Welfare?

Are there any circumstances under which Input VAT could be claimed on the consumption of Alcohol?

Is there an invoice for a computer for the company that contains the details of a Director and not actual company details, could Input VAT be claimed?

Are there regular monthly transactions that Input VAT could be claimed on without the company being in possession of a valid VAT invoice?

If you answered YES to any of these