Page 8 - P6 Slide Taxation - Lecture Day 5 - VAT Part 1

Solution

(a) Earlier of:

 invoice is issued (2 February)

 any payment is received (31 March)
OR

= 2 February

(b) Earlier of:

 invoice is issued (14 May)

 any payment is received (29 April)
OR

= 29 April