Taxable Supply

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Definitions
Tax Invoice
Tax Invoice Value-Added Tax (VAT) Taxable Person Taxable Supply VAT Compliance Accounting Documentation
A detailed value added tax (VAT) invoice provided by a taxable person to another taxable person when a taxable supply exceeds £100, containing essential transaction and tax information.
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Definitions
Taxable Supply
Taxable Supply VAT Value Added Tax Goods and Services Taxation
A taxable supply refers to the provision of goods or services in the UK that is subject to Value Added Tax (VAT). It excludes any exempt supplies as defined by VAT legislation.
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