V.A.T
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Does anyone have the answer to this question plz?
In what circumstances will a business become liable for output tax prior to goods being delivered to the customer?
Cheers.
In what circumstances will a business become liable for output tax prior to goods being delivered to the customer?
Cheers.
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Re:V.A.T
Hi
Would the answer be cash before despatch. i.e. the supplier receives the cash on a certain date (at this point the output tax would apply), then they despatch the goods??
The HM Customs web site is really good.
Violet0