VAT Partial Exemption Calculator Recovery Percentage
Calculate recoverable input VAT for businesses making both taxable and exempt supplies.
Supply Values
Calculation Results
Recovery Percentage
0%
Percentage of input VAT recoverable
Recoverable Input VAT
K0
Amount of VAT that can be reclaimed
Non-Recoverable Input VAT
K0
Amount of VAT that cannot be reclaimed
De Minimis Test
Calculating de minimis status...
Calculation Breakdown
| Taxable Supplies | K0.00 |
| Exempt Supplies | K0.00 |
| Total Supplies | K0.00 |
| Recovery Percentage | 0% |
| Total Input VAT | K0.00 |
| Directly Attributable | K0.00 |
| Residual Input VAT | K0.00 |
| Total Recoverable VAT | K0.00 |
Understanding VAT Partial Exemption
What is Partial Exemption?
- • Applies to businesses making both taxable and exempt supplies
- • Limits the amount of input VAT that can be recovered
- • Recovery based on proportion of taxable supplies
- • Requires separate calculation for each VAT period
Recovery Calculation
- • Recovery % = Taxable Supplies ÷ Total Supplies × 100
- • Directly attributable input VAT is fully recoverable
- • Residual input VAT is partially recoverable
- • Annual adjustment may be required
De Minimis Test
- • If exempt supplies are less than 5% of total supplies
- • AND non-recoverable VAT is less than K625 per month
- • Then all input VAT can be recovered
- • Simplifies VAT administration for small exempt activities