Many clients who operate in the world of mixed taxable and exempt supplies – in property, education, health, finance sectors for example – will be familiar with Partial Exemption Methods in all their forms – whether the Turnover based Standard Method or more tailored methods creating Partial Exemption Special Methods (PESM’s) which may bring a range of sectors and apportionment methods – staff time, turnover, floor area use etc.
Source: centurionvat.com
