Please can someone clarify tax points for invoices? Level 3 bookkeeping

Linds224

If a limited company provides a service for 2 days per week and then invoices the customer on the 15th of the month for the first half of the month and then on the 29th of the month, for the services provided for the remainder of the month. Is this ok and are they following the 14 day rule?

anony123

I did this last year in Sep so don’t really remember. I think if it is fine because it is within the 14 day rule.

I can only recall two questions coming up on my exam. Make sure you read the drop down list beforehand! It gives you the tax point information eg basic tax point.

anony123

Just a quick heads up the actual exam is way harder than the 2 practice assessments online on the AAT website.

anony123

I’ve got some notes anyway