tax point re these ?
2006-06-09 01:23:48 · 5 answers · asked by kanjikaka 1 in Business & Finance ➔ Small Business
totally confused
2006-06-09 01:36:09 · answer #1 · answered by sharky 4 · 0⤊ 1⤋
The tax point for a continuous supply of services is when either a VAT invoice is issued, or a payment is received, whichever is the earlier.
You may be able to issue a 'request for payment,' and then issue a VAT invoice when you receive payment - this is reasonable and legal VAT planning.
More details are in the VAT Guide, Notice 700
2006-06-09 09:38:11 · answer #2 · answered by vatproblem.com 2 · 0⤊ 0⤋
If you can give me a more full question, I shall ask my husband as he works in VAT, helping companies pay less where possible.
2006-06-09 01:36:13 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes
2006-06-09 01:37:34 · answer #4 · answered by ag_iitkgp 7 · 0⤊ 0⤋
vat problem is very correct
2006-06-16 01:02:06 · answer #5 · answered by Pat 4 · 0⤊ 0⤋