A credit note can be issued to reduce the amount of VAT due on an original supply. Credit notes are issued when:
- Ìý
•ÌýÌýÌýÌý the supply has been partly or completely cancelled;
- Ìý
•ÌýÌýÌýÌý all or part of the goods have been returned;
- Ìý
•ÌýÌýÌýÌý a discount has been given after the tax point date;
- Ìý
•ÌýÌýÌýÌý the payment received by the VAT payer for one supply has been used in respect of another supply;
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Web page updated on 17 Mar 2025 17:05