Supplies are sometimes made through agents who are known both to the purchaser and the supplier and sometimes through undisclosed agents where the supplier and the purchaser are not known to each other.

Where a supplier and the purchaser are known to each other, normal VAT accounting procedure is usually adopted so that the supplier invoices the purchaser. In such circumstances, neither the sale nor purchase of goods or services is shown in the books of the agent.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.