The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides an overview of the rules relating to self-billing arrangements.
Under a self-billing arrangement it is the customer, rather than the supplier, who is responsible for raising the sales invoice for the supply made.
A customer can issue a self-billed invoice if the following conditions are met:
Self-billing is the most suitable invoicing arrangement in situations where it is easier for the customer to determine the value of a supply and / or the tax point date of the goods / services supplied.
It should be noted
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