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VAT7 is a form used to report Value Added Tax (VAT) payments and claims in the United Kingdom.
Businesses registered for VAT in the UK are required to file VAT7.
VAT7 can be filled out online through the HM Revenue & Customs website or manually on paper.
The purpose of VAT7 is to report VAT payments and claims made by businesses.
Information such as total sales, total purchases, VAT due, and VAT reclaimable must be reported on VAT7.
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