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Do we calculate vat on legal fees from Road Accident Fund proceeds?



Busisiwe says:
19 April 2016 at 12:52

I work for a legal firm that deals with Road Accident Fund (RAF) on behalf of our clients. We deduct an amount of legal fees after the matter is settled - can we use the amount received from RAF to calculate our input vat?

TaxTim TaxTim says:
24 April 2016 at 19:18

You would have to speak to a VAT expert on this matter unfortunately.

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