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How would the RTvat system work with splitting out exempt goods, full rates and reduced rate VAT goods?

April 26, 2017exempt rate rates reduced rtvat splitting system VAT

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How would the RTvat system work with splitting out exempt goods, full rates and reduced rate VAT goods?

1 Answer

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10 Posted

The databases built in conjunction with the new server network are fully capable of identifying any relevant information on a merchant-by-merchant basis, as well as incorporating specific routines and rules reflecting the differing national regulations of each Tax Authority.