Commentary

V3.524 Construction industry authenticated receipt

Part V3 Supplies, acquisitions and imports

V3.524 Construction industry authenticated receipt

V3.524 Construction industry authenticated receipt

Where the supplier provides an authenticated receipt in respect of a stage payment for a supply of services, or a supply of services together with goods, in the course of the construction, alteration, demolition, repair or maintenance of a building or civil engineering work1, that receipt may be treated as a VAT invoice for VAT purposes provided—

  1.  

    (1)     it contains the information set out in V3.514; and

  2.  

    (2)     no VAT invoice (or a document capable of being construed as a VAT invoice) is issued in respect of the stage payment

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