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VAT - Returns, forms & HMRC admin

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CORONAVIRUS - VAT - 22.06.2020

Do we have to pay back the VAT?

Where you reclaim VAT on purchases of goods or services which you intended to use to make VATable sales you do not have to repay the VAT if the sales do not go ahead. However, if you use the purchases to make exempt sales the VAT must be repaid.

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