VAT Challenges Across Key UK Industries: Why Sector-Specific Accounting Matters
Introduction VAT (Value Added Tax) compliance in the UK is a minefield for many businesses. While the principles may seem straightforward—charge VAT on sales, reclaim it on purchases—the reality is far more complicated. Every industry deals with different rules, exemptions, schemes, and complications that can trip up even experienced professionals. In this blog, we delve into the...
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