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VAT Inputs for Service-Based Businesses: Unique Considerations and Strategies

For service-based businesses, navigating the complexities of value-added tax (VAT) can be a daunting task. While the core principles remain the same, VAT inputs—the VAT incurred on purchases used for making taxable supplies—present unique considerations for service providers. Understanding how to claim VAT inputs effectively can significantly impact your bottom line. This article will equip […]