Ireland (VAT)

For the Republic of Ireland, VAT recovery depends on whether costs relate to taxable activities and whether the entity is partly exempt, with VAT reclaimed through VAT returns in appropriate circumstances (Revenue Commissioners, 2025).

Lease implication: recoverable VAT is treated as a receivable and excluded from lease measurement; irrecoverable VAT is a separate cost, consistent with IFRS practice described by the IFRS Interpretations Committee (Revenue Commissioners, 2025; IFRS Interpretations Committee, 2021b).

South Africa (VAT)

South African VAT principles depend on vendor status and whether inputs relate to taxable supplies. SARS guidance provides the primary reference point for VAT regime operation (SARS, 2026).

Lease implication: recoverable VAT is generally treated as input tax recoverable; non‑recoverable VAT is a cost. Mixed taxable and exempt activities can make VAT only partially recoverable, similar to UK partial exemption outcomes (SARS, 2026; HMRC, 2025).

Australia (GST)

Australian GST‑registered businesses generally claim GST credits for GST included in business purchases, subject to eligibility and documentation rules (ATO, 2024).

Lease implication: recoverable GST is excluded from lease measurement and recorded as a GST credit/receivable; restricted recovery makes GST a cost similar to irrecoverable VAT (ATO, 2024; IFRS Interpretations Committee, 2021b).

New Zealand (GST)

New Zealand permits GST‑registered businesses to claim GST on purchases used for taxable activity, with rules for apportionment where items have mixed use (Inland Revenue, n.d.; Inland Revenue, 2021).

Lease implication: recoverable GST is recorded as input tax and excluded from lease measurement; partial recovery follows apportionment rules, creating a partial‑recoverability pattern similar to VAT jurisdictions (Inland Revenue, n.d.; HMRC, 2025).

Singapore (GST)

Singapore permits input tax claims only when specified conditions are met, including attribution to taxable supplies and valid supporting documents (IRAS, n.d.).

Lease implication: recoverable GST is treated as input tax and excluded from lease measurement; blocked or non‑attributable GST becomes a cost and follows the same conceptual pattern as irrecoverable VAT (IRAS, n.d.; IFRS Interpretations Committee, 2021b)

Malaysia (SST)

Malaysia’s SST is a single‑stage consumption tax regime and is often described as lacking a GST‑style input credit mechanism, making SST frequently a final cost to businesses (Grant Thornton Malaysia, 2025).

Lease implication: SST associated with lease charges is commonly treated as a real cost rather than a recoverable input tax receivable, creating an economic outcome closer to US sales tax than VAT/GST regimes (Grant Thornton Malaysia, 2025).