All delivered via vehicle transporter at the start of lease
Good question. The invoices are presented with the VAT 1 / VAT 2 split so group AP have been coding as such
It is a mixture of pickups and small vans (e.g. Citroen Berlingo). They are all on long-term lease from hire firms and fall under IFRS16 rules
Data team performed the audit, reported it into my team, along with a few other issues in our data
I care as I was unsure what our liability was regarding VAT,
Thanks
They are filing dormant accounts (and have been for a few years) but their SIC is still 82990
Thanks for the reply
Not as of yet, my main check at the minute was my company's liability re VAT
Thanks for the reply Yes, the invoices are the same as they have always been - same logo, name, co reg and VAT number all displayed
The only thing I have just picked up on is that just before they went 'dormant', one of the directors resigned
Not sure if that would be in any way linked
Yes, all invoices include VAT and declare their VAT number which is showing as valid
Yes, VAT number is showing as valid on HMRC website
Thanks again.
The consultancy is purely introducing the Norwegian firm to potential buyers of their equipment
My answers
All delivered via vehicle transporter at the start of lease
Good question. The invoices are presented with the VAT 1 / VAT 2 split so group AP have been coding as such
It is a mixture of pickups and small vans (e.g. Citroen Berlingo). They are all on long-term lease from hire firms and fall under IFRS16 rules
Data team performed the audit, reported it into my team, along with a few other issues in our data
I care as I was unsure what our liability was regarding VAT,
Thanks
They are filing dormant accounts (and have been for a few years) but their SIC is still 82990
Thanks for the reply
Not as of yet, my main check at the minute was my company's liability re VAT
Thanks for the reply
Yes, the invoices are the same as they have always been - same logo, name, co reg and VAT number all displayed
The only thing I have just picked up on is that just before they went 'dormant', one of the directors resigned
Not sure if that would be in any way linked
Yes, all invoices include VAT and declare their VAT number which is showing as valid
Yes, VAT number is showing as valid on HMRC website
Thanks again.
The consultancy is purely introducing the Norwegian firm to potential buyers of their equipment