Yes, I agree to this - hence my question this morning ! So Is it a question of cost plus agreement that should have been set up indicating clearly that our charges are not to be recharged back ? ? What is the usage in terms of cross charges ?
the service was for foreign subsidiary for sure, not UK, so I am just looking at any allowance that provides that cost not being allowable for compliance reason in foreign country can be considered by reason of filiation ( UK being the parent Co) in UK ?
My answers
Yes, I agree to this - hence my question this morning ! So Is it a question of cost plus agreement that should have been set up indicating clearly that our charges are not to be recharged back ? ? What is the usage in terms of cross charges ?
Thank you Lisa , this is helpful
Good point too Jason, although there is no UK VAT ( or foreign) for the considered service. Phew ...
Good point John, thanks
yes it is part of a Group , and it should not be really relevant for the clients to pay one entity or the other ...
Ok thanks Paul. Not wanting to pay in advance but want to avoid interest accumulating if any !!
Hi Lionofludesch,
we do not have payment on account as we did not have dividends for a year ...
the service was for foreign subsidiary for sure, not UK, so I am just looking at any allowance that provides that cost not being allowable for compliance reason in foreign country can be considered by reason of filiation ( UK being the parent Co) in UK ?
Thank you, good starting point
Thanks John for your useful comment,