Did you know that as a VAT vendor, if you purchase property from a person / entity that is not VAT registered you may still be entitled to claim Notional Input Tax on the purchase price. Although there are several criteria that will need to be looked at to ascertain the ability of such a claim, it does mean that VAT registered vendors are not only limited to purchasing property from other VAT registered vendors. To learn more and ascertain whether a possible sale could result in a Notional Input Tax claim, make an appointment to speak to Lucas W Landman of our office.