Introduction to VAT: Part one
Introduction to VAT: Part one
Marie Stein
When businesses can claim VAT from HMRC and an introduction to partial exemption
7 minutes Posted Nov 23, 2020 at 6:11 pm.
0:00
7:50
Download MP3
Show notes

Explains the basic rules that allow businesses to claim VAT from HMRC.   And also - and not for the faint of heart - introduces the concept of "exempt input tax" and partlal exemption.   You'll need a strong coffee for this one!