The VAT adjustments for private use of goods and services, bought for business purposes by a business but (partly) used for private purposes, need to be calculated and included in the last VAT return of each year. In the publication ‘Private use – Insight into your VAT adjustment’, we give an overview of the adjustments that are covered by the VAT legislation.
This publication does not provide an exhaustive overview of all relevant rules and regulations. If you would like more information on these VAT adjustments and the possibilities for your business, please contact your PwC Indirect Tax advisor who will be happy to assist you further.