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What Is The Cash Accounting Scheme

2012-10-24 6 Dailymotion

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

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