Can I claim a proportion of 5% rate VAT on domestic electricity as output tax for my business.......?
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......when i am using my home as business premises
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Answer:
good point, it depends if 5% vat is the same rate businesses are charged vat on electric? or is it a special, domestic lower rate? If businesses pay more vat, its self canceling, as youd theoretically be paying higher, to claim it back.
paul p at Yahoo! Answers Visit the source
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