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VAT – Cash Accounting Scheme

This topic has 1 reply, 2 voices, and was last updated 11 years ago by Tax Tutor.

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June 1, 2014 at 7:05 pm #172443
Mohammad Ibrahim
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- Topics: 37
- Replies: 15
What is the date for accounting output VAT and Input VAT as per the cash accounting scheme ?
June 2, 2014 at 10:50 am #172580
Tax Tutor
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- Replies: 3965
Output tax is accounted for when the cash is received and input tax when the cash is paid.
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