Non refundable vat

Hi,
I understand that vat on hired cars registered before 2008 is not refundable in vat return.

This makes it a pure cost.

My question is.....is this cost allowed as deduction for income tax?

Say the rent is €100 + 23% vat = €123.
I can't claim the 23 as vat refund therefore the total cost for the business is €123.

Is the €123 allowed as a deduction against taxable profits?

Thanks

In a word yes. If the vat is not reclaimable then the vat inclusive amount is allowable for income tax subject to the normal rules for deduction.

Thanks very much