Partial exemption: Difference between revisions

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imported>Doug Williamson
m (Spacing 21/8/13)
imported>Doug Williamson
m (Category added 8/10/13)
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* [[Exempt]]
* [[Exempt]]
* [[Input tax]]
* [[Input tax]]
[[Category:Accounting,_tax_and_regulation]]

Revision as of 09:17, 8 October 2013

VAT.

A situation where a trader makes both taxable and exempt supplies and consequently may not be able to recover all the input VAT.


See also