VAT

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July 18, 2020 at 10:11 am #577283

Noah098
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Dear Sir,

in VAT context what does the word “wholly” mean? as in “wholly exempt/zero rated supplies”?

July 20, 2020 at 12:30 pm #577448

Tax Tutor
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Only one OR the other type of supply – not a mix of taxable supplies and exempt supplies known as partial exemption (which is not in the syllabus)
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