my client's xerox business.so what percentage is vat libility on xerox income and xerox income unde service sector.
vat libility on xerox income
Guest
VAT liability: whether retail xerox printouts are taxable as goods or services influences applicable tax treatment. Whether receipts from operating a shop-based xerox machine providing paper printouts are subject to VAT and whether that income is classified as a service is the core issue; the filer asked the applicable VAT percentage and clarified the business operates a shop offering printouts to customers. (AI Summary)
TaxTMI
TaxTMI