The Cash Accounting Scheme Allows You To Account For VAT (Output Tax) On Your Sales On The Basis Of Payments You Receive Rather Than On Tax Invoices You Issue.This Is Different From The Normal Rules That Require You To Account For VAT On Your Sales As They Take Place Or As Soon As You Issue A VAT Invoice, Even If Your Customer Has Not Paid You. <br /> <br />http://www.duncandovico.com.au/
