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Thread: VAT Registration Requirements

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    Hi

    No. In simple terms once you are VAT registered, (Expense + VAT) = what you paid, or what you owe.

    When you are not VAT registered Expense = what you paid, or what you owe.

    By implication your expenses and merchandise are 15% more expensive to you, if you are not registered.

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    AmithS (05-Aug-18)

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