Business Terms and Jargon Explained
What is Non-deductible VATTax Definition:-
Non-deductible VAT is the VAT payable by a purchaser that is not deductible from the purchasers' own VAT liability, if they have any liability.
© Crown Copyright. Material taken from National Statistics website: www.statistics.gov.uk. Reproduced under the terms and conditions of the Click-Use Licence.
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Term created / updated 2007-01-19 15:29:53
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