TAX3701: VAT Framework
This is the framework for calculating the VAT payable or refundable. It includes items which are to be included under VAT input/output, the explanation of each and any specific calculations or percentages required for the calculations.
TAX3701: Normal Tax Liability Framework
A detailed framework for companies tax liability. It separates the framework into sections such as general deductions, specific inclusions, etc in order to work out the tax liability. It lists each deduction or inclusion under the respective heading and includes percentages, figures, calculations and important notes to remember.