James Comer

Hi Please could you point me in the direction of the HMRC manual on revenue recognition for sales retentions in the construction industry. Wish to review the policy for recognition as we have lots of the aged debtors that are unlikely to be paid. Thanks

Hi UK company registered for UK VAT is providing a mixture of training services. All will be undertaken face to face in person where the customer resides. Example 1 - UK company goes out to Holland and provides face to face training for dutch company employees. Example 2 - Uk company goes out to US to provide face to face training to US company directors My questions are: 1. What is the place of supply for this transaction and should UK VAT be charged? My understanding is this is where the customer resides so the answer would be reverse charge for example 1 and outside the scope for example 2 but could you please clarify. 2. In example 1, the employees of the dutch company have paid direct for the training from the UK business but are reclaiming from their dutch employer. Should this be treated as a B2B transaction or a B2C? I believe the engagement is with the foreign business directly. 3. Are there any requirements on the above to register for local VAT and potentially OSS? Thanks