UK Crossword

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Across
  1. 2. : Special mechanism where the customer, not the supplier, accounts for VAT
  2. 5. : Tax added to most goods and services in the UK
  3. 6. : Goods or services charged at 0%, but still allowing recovery of input tax
  4. 7. : VAT a business must charge and report on its taxable sales to customers
  5. 9. : Type of transaction in VAT that not a supply of goods
  6. 10. : VAT that a business pays on purchases and expenses, normally recoverable if related to taxable supplies
Down
  1. 1. : Level of taxable turnover at or above which a business must normally register for VAT
  2. 3. : Supplies with no VAT charged and no right to recover related input tax
  3. 4. : Rule that limits how much input tax a business can recover when it makes both taxable and exempt supplies
  4. 8. : UK authority that administers VAT