Bookkeeping & Accounting
Value-Added Tax is commonly known as VAT. VAT is an indirect tax on the consumption of goods and services in the economy. Revenue is raised for the government by requiring a business that carries on an enterprise, to register for VAT. In doing so, the business will charge VAT on supplies of goods and services made by it, on the importation of goods and on imported services (subject to certain conditions).
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Annual Financial Statements refer to the annual presentation of the entity's financial performance.
Your business’ financial management is just as important (if not, more so) as the value your company offers to the market.
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