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When running a business, issuing a credit note is a task you may encounter. Whether due to returned goods, pricing errors, or adjustments in invoices, credit notes play a crucial role in maintaining accurate financial records. This guide will walk you through the steps of issuing a credit note and ensure you understand its importance for your business.

Disaggregation, also known as artificial separation, refers to the practice of splitting a business into multiple entities to avoid exceeding the VAT registration threshold.