Non Attendance fee Vat treatment
Hello All
I need some advice regarding Vat.
My company organised conference. It was free for people attending. Some of them didn't show up and we are invoicing them £10 to recover catering costs etc. Was is the Vat treatment of that? We are Vat registered Charity.
What do you think?
I need some advice regarding Vat.
My company organised conference. It was free for people attending. Some of them didn't show up and we are invoicing them £10 to recover catering costs etc. Was is the Vat treatment of that? We are Vat registered Charity.
What do you think?
0
Comments
-
Interesting. Firstly, are they contractually liable for the cancellation fee? If it was clearly stated in the booking form then they are liable, though it has to be recognised that your chances of recovery are slim.
As far as VAT is concerned your question needs to be, is this a taxable supply of service? Generally cancellation fees are not VATable because there is no service supplied, see http://www.hmrc.gov.uk/manuals/vatscmanual/VATSC42400.htm regarding hotel cancellations. You need to check with the helpline for VAT to determine if your employers charges for non attendance are similar enough to the hotel cancellation fees to be treated the same.
Payrollpro0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 318 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 87 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 273 Tax
- 135 Bookkeeping
- 7.2K General accounting discussion
- 200 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