Explanations of VAT group regulations published

The Ministry of Finance has published tax explanations  on VAT groups. Compared to the draft,  the published version has been expanded from 43 to 63 pages, which means that numerous additional explanations have been added as  a direct response to concerns submitted by taxable persons  at the consultation stage. One of the topics discussed in the explanations is how VAT groups are to account for vehicle expenses.

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