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Flat rate scheme

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Flat rate scheme

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • August 31, 2015 at 9:56 am #269263
    sasha
    Member
    • Topics: 99
    • Replies: 141
    • ☆☆☆

    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.

    September 3, 2015 at 4:45 pm #269715
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    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.

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