VAT increase
tinajanine65
Registered Posts: 21 New contributor 🐸
I would appreciate your comments please. As we are a business that charges VAT we are lloking at ideas for when the VAT is increased on 4th January 2011. As our clients pay for work done from the previous year, could we split the VAT between the two rates? This would help clients that cannot reclaim VAT. Does anyone have any other ideas which may benefit clients?
0
Comments
-
-
tinajanine65 wrote: »I would appreciate your comments please. As we are a business that charges VAT we are lloking at ideas for when the VAT is increased on 4th January 2011. As our clients pay for work done from the previous year, could we split the VAT between the two rates? This would help clients that cannot reclaim VAT. Does anyone have any other ideas which may benefit clients?
It could depend on the VAT scheme your business uses I suppose.
Invoice basis - VAT at taxable date
Cash accounting - Adj to make for VAT increase0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 318 NEW! Qualifications 2022
- 156 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 92 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 274 Tax
- 136 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership