Which documents are acceptable for proving input VAT claims?

The correct response pertains to acceptable documentation that proves input VAT claims, which is essential for reclaiming tax paid on purchases related to business activities. Valid VAT invoices, credit notes, and customs documentation are crucial because they serve as formal proof of the transaction details necessary for input VAT claims.

A valid VAT invoice must include certain required information, such as the supplier's details, the VAT number, and an explanation of the goods or services supplied along with the amount of VAT charged. Credit notes are also significant as they document adjustments to the initial transaction, ensuring that businesses claim the accurate VAT amount. Customs documentation is crucial for imports, providing evidence of VAT paid on imported goods, which is also recoverable as input VAT.

Other options do not fit the criteria for valid documentation necessary for input VAT claims. Personal bank statements, while they may indicate financial transactions, do not provide the specific details required for VAT purposes. Business plans and sales orders do not constitute proof of payment or receipt of goods or services. Similarly, social media advertisements and promotional materials do not serve as formal documentation that can substantiate VAT claims, as they lack the necessary transactional details mandated by tax regulations. Hence, validating claims requires strict adherence to using the designated types of documents, making the choice