What is Vat de Minimis? 
Partially exempt businesses can take advantage of something called the 'de minimis rule'. 
If your exempt input tax (purchases from suppliers) is below a certain limit, you can treat it as if it is a taxable purchase, thus allowing you to recover the full VAT that you pay on those purchases. 
 
We have created a new video to help opticians better understand what Vat-de Minimis means and how it can play a part within the practice. Watch right here >  
 
Remember, always consult with your accountant before making any financial investments for your business. 
 
Additional information relating to the latest government advice can be found here 
 
Our dedicated account managers are available to discuss any requirements you might have for your practice. 
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