I know this may be a fairly obvious question with a fairly obvious answer but i just want to confrim my own interpretation.
Client has breached registration limit and needs to register for VAT.
However in view of the fact that client will be accounting for VAT under the cash accounting scheme when is registration limit breached on issue of invoices or receipt of payment.
I think it will be on issue of invoice but would be grateful for confimation or if disagreement the basis for this.
Thanks in advance for your input.
Gary Donald Fraser