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Search results: 2 article(s) found in topic: Input VAT - keyword: Aborted projects

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PREPAYMENTS

How to avoid extra costs due to prepayments

If you receive advance payments from your customers, you could be affected by a change hidden in the 2018 Budget small print, taking effect from 1 March 2019. But what is it and what should you do to avoid a real cash cost? More...

INPUT VAT - ABORTED PROJECTS

What happens to the VAT on a project that’s aborted?

A business may start a project and recover VAT on the basis that it intends to make taxable supplies, but what happens if the project has to be aborted or the intended use changes? More...
Last updated: 17.12.2018

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