Invoice dates and VAT returns etc

[Greg@CapitalCity]

Continuous supplies

There are lots of caveats and exceptions to the tax point date rules that relate to VAT. However, for a contractor who provides professional services on an ongoing basis, and bill regularly, the rules are pretty simple - there is a tax point every time you;
(1) issue a VAT invoice; or
(2) receive a payment, whichever happens first.

If your accountant does not operate a cash based system when calculating your VAT return, then get them to change. Its much better for your cashflow, and makes the calculation of each VAT return very easy to follow.

[psychocandy]

There are lots of caveats and exceptions to the tax point date rules that relate to VAT. However, for a contractor who provides professional services on an ongoing basis, and bill regularly, the rules are pretty simple - there is a tax point every time you;
(1) issue a VAT invoice; or
(2) receive a payment, whichever happens first.

If your accountant does not operate a cash based system when calculating your VAT return, then get them to change. Its much better for your cashflow, and makes the calculation of each VAT return very easy to follow.

Yeh. But my accountant just goes off on his own and does what he wants and doesnt even bother to discuss the options with me. 30 days notice to leave on its way soon.

[Greg@CapitalCity]

Yeh. But my accountant just goes off on his own and does what he wants and doesnt even bother to discuss the options with me. 30 days notice to leave on its way soon.

Sounds like you have made the right choice then.