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Advice added on 01.05.2024
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VAT

Are clients using payback and clawback rules?

The decision to claim or not claim input tax usually depends on the business purpose and intended use of the expense when it is incurred. The payback and clawback rules are an exception where your clients might need to claim or repay input tax to HMRC on a future return. What should you advise them to be aware of?

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