If your business is VAT-exempt, you do not need to submit VAT returns. However, if you are VAT-registered and make exempt supplies, you must still submit returns but cannot reclaim VAT on exempt supplies.
< 1 min read
If your business is VAT-exempt, you do not need to submit VAT returns. However, if you are VAT-registered and make exempt supplies, you must still submit returns but cannot reclaim VAT on exempt supplies.
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