Bad Debt Relief

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This topic contains 1 reply, has 2 voices, and was last updated by  VatExpert 2 weeks ago.

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  • #3919

    Kapil
    Participant

    Will there be bad debt relief?

    #3945

    VatExpert
    Participant

    VAT registered businesses will be able to reduce their output tax liability by the amount of VAT that relates to bad debt which has been written off by the VAT registered business.
    The legislation will include the conditions and limitations concerning the use of this relief.

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