Commentary

V3.136 Tax point—direction made by HMRC

Part V3 Supplies, acquisitions and imports

V3.136 Tax point—direction made by HMRC

V3.136 Tax point—direction made by HMRC

A taxable person may request that HMRC alter the time at which some or all of his supplies are treated as taking place. HMRC may then make a direction in relation to his supplies generally or to such of his supplies as may be specified in the direction1.

Direction by reference to an event

HMRC may direct that supplies to which the direction relates are to be treated as taking place at times (or on dates) determined by (or by reference to) either:

  1.  

    •     the occurrence of some event described in the direction, or

  2.  

    •    

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