In Bpp q no296:)
How can we say that it can be registered from 1st December 2018
and also the taxable supplies exceeded from 31st October 2018 and from where do we get the figures *4 and *3 in (10500*4 and 15000*3)?
Many thanks
Ask the Tutor ACCA TX-UK
VAT
Sorry but once again you are going to have to give me the information from both Q&A if I am going to be able to help
Hi it’s December 2013
The old exam questions and answers have been updated for changes in legislation - you need to copy the question and part of the answer that you want explained from your current FA 2019 BPP material if I'm to be able to help you.
Dear Sir,
Could you please advise, does gift card voucher will be will be treat as supplier VAT? as it will be exchanged to goods or services.So therefore VAT claimable on VAT return. Thank you
I do not think that a gift card is a taxable supply - the taxable supply will take place when the gift card is used to buy something - it's at that point that the supplier makes a taxable supply
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