Partial exemption VAT: how to calculate recoverable VAT
Your VAT recovery depends on how costs relate to taxable and exempt supplies, not simply on total sales. Under the standard partial exemption VAT…
VAT margin scheme for used cars: who can use it and how it works
The VAT margin scheme for used cars can make standard VAT the wrong comparison. A VAT-registered dealer may use it for an eligible second-hand…
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