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VAT or no VAT on solar?
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<blockquote data-quote="johnb2713" data-source="post: 555645" data-attributes="member: 35153"><p>I've been in business for over 30 years and VAT registered all of that time. I really dont see how they would put the invoice bottom line (inc VAT) straight across to the customer, I dont see how that would go through the books as it were, nowadays you have to use accounting software that is HMRC approved and connects directly so the purchase invoice for materials would have the VAT aspect seperated off and the materials go into stock. The customer invoice you have to use 0% VAT for this work on both labour and materials, anything else would be an infringement of HMRC Tax Law?</p></blockquote><p></p>
[QUOTE="johnb2713, post: 555645, member: 35153"] I've been in business for over 30 years and VAT registered all of that time. I really dont see how they would put the invoice bottom line (inc VAT) straight across to the customer, I dont see how that would go through the books as it were, nowadays you have to use accounting software that is HMRC approved and connects directly so the purchase invoice for materials would have the VAT aspect seperated off and the materials go into stock. The customer invoice you have to use 0% VAT for this work on both labour and materials, anything else would be an infringement of HMRC Tax Law? [/QUOTE]
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VAT or no VAT on solar?
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