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Search results: 2 article(s) found in topic: Output VAT - keyword: Compensation payments

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Is VAT due on charge unused services?


What happens with VAT when you make extra charges?

Your business might apply extra fees for, perhaps, late payments, or a breach of the terms of a deal. Restaurants often add a service charge when billing a customer. Are there ways of reducing VAT on these payments? More...
Last updated: 13.12.2019

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