Episode Synopsis "When businesses can claim VAT from HMRC and an introduction to partial exemption"

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!

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More episodes of the podcast Introduction to VAT: Part one

• When businesses can claim VAT from HMRC and an introduction to partial exemption
• What is VAT and how does it work?