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What is the difference between exempted and zero rated supplies?

April 26, 2017difference exempted rated Zero

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What is the difference between exempted and zero rated supplies?

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With both zero-rated and exempted supplies, you don’t charge VAT on your supplies. In zero-rated transactions the input tax paid on purchases is refundable, but if you make exempted supplies, you may not be able to get back the tax which you have paid on your purchase.