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With so many different rates of VAT applicable to different types of goods and services, as well as some that are completely exempt, keeping track of what you can and can’t reclaim is confusing and you maybe missing out on money that’s due to you. In some industries such as Not for Profit and Public sector the rules are more complicated still. This is where mhance’s VAT Management can help your company simplify the reclaim process and ensure that you stay on top of VAT management without all of the manual intervention and room error currently involved.
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