Skip navigation |

Partial exemption: The recoverable part of 'the pot'

Category Technical Articles
AuthorTechnical Department
Article by Stanley Dencher, Senior Technical Editor, CCH Information. This article appeared in the February 2007 issue of Tax Adviser. Post-PBR, the author explores the partially-exempt position. Generally, recoverable VAT relates to making taxable supplies. However, in practice, this principle can be difficult to apply, because some persons make both taxable and exempt supplies. Furthermore, HMRC carefully check VAT returns sent by persons who could be partially-exempt.

February 2007 by Stanley Dencher

Technical Department
020 7235 9381


We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the The Chartered Institute of Taxation website. To find out more about the cookies, see our privacy policy.