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TERMS OF ENGAGEMENT VAT MODEL March 2017CONTENTS PART 1DEFINITIONS AND INTERPRETATION25PART 2GENERAL TERMS AND CONDITIONS625Interact Medical Metropolitan House, Building 900, 321 Ave bury Boulevard,

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What is vat model?

VAT model is a form used to report value-added tax information to the tax authorities.

Who is required to file vat model?

Businesses that are registered for VAT and meet the threshold for filing VAT returns are required to file VAT models.

How to fill out vat model?

VAT model can be filled out electronically through the tax authority's online portal or manually on paper forms.

What is the purpose of vat model?

The purpose of VAT model is to report the amount of VAT collected and paid by a business during a specific period.

What information must be reported on vat model?

Information such as total sales, purchases, VAT collected, and VAT paid must be reported on VAT model.

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