Lecture notes
lecture 15 VAT
- Module
- Tax (ACC3140)
- Institution
- Middlesex University (MDX)
Describe the principles of VAT. · Distinguish between taxable and exempt supplies, and explain the consequences of both types of supply. · Determine whether a trader should register for VAT. · Determine the value of a supply · Advise on the VAT treatment of imports and exports ·...
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