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Briefly explain the five vat schemes below and how they work with Harvard reference 1. The cash accounting scheme 2. The annual accounting scheme 3.
Briefly explain the five vat schemes below and how they work with Harvard reference
1. The cash accounting scheme
2. The annual accounting scheme
3. The flat-rate scheme for small businesses
4. The flat-rate scheme for farmers
5. The margin scheme for second-hand goods
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