VAT is applicable on most purchases and a VAT Receipt/Invoice should be obtained for each transaction. This shows at what rate VAT has been charged and shows the amount of VAT included in the price of the goods/services being bought.
A basic MasterCard transaction receipt only provides price information with no line-item detail. A level 3 transaction receipt should always be sought with level 2 being the next best receipt detail.
Therefore, when ordering the goods/services, the supplier should be asked to send the Cardholder either, a full line-item detail VAT information within the transaction for each item bought, which is known as Level 3 transaction receipt or alternatively a VAT Invoice, which is known as a Level 2 Transaction receipt.
NOTE: DETAILS OF ELIGIBLE SERVICES CAN BE VIEWED IN THE FINANCE MANUAL SECTION 8 OR ADVICE CAN BE SOUGHT FROM THE EXPENDITURE TEAM IN THE FINANCE DEPARTMENT.