Skip to content
ACCA exam results — Are you ready?Chat about it >>

Ask the Tutor ACCA TX-UK

Flat rate scheme

Ssasha10y ago
sir I did not get the point where it says in flat rate schemes, A ltd must issue invoice as its customers are vat registered and B ltd should not issue invoice as its customers are not vat registered.
TTTax Tutor10y ago#1
I have not said that. The OT note says that a VAT invoice must be issued if a customer is VAT registered but a VAT invoice need not be issued if a customer is not VAT registered.
Sign in to reply to this topic.