VAT agent for buying and selling

Forum Categories › VAT ADMINISTRATION ISSUES › VAT agent for buying and selling

  • This topic is empty.
Log In Register Lost Password
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • 24 July 2018 at 19:18 #55444
    Lewis
    Member

    A property managing agent (also a VAT agent for buying and selling), are they obliged to issue proper VAT invoices with detailed breakdown for inputs and outputs?
    What if they provide only VAT summary reports, is this a valid document for HMRC purposes?

    11 September 2018 at 19:14 #55828
    vatconsultant
    Member

    A VAT registered person is required to issue a proper VAT invoice for taxable supplies to other taxable persons. If the other parties are VAT registered, you must issue invoices.
    Where the customers are not VAT registered, you must issue a VAT invoice on request.

  • Author
    Posts
Log In Register Lost Password
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.