Is an OpRA VATable?
Summary by Galley & Tindle
1 Articles
1 Articles
Is an OpRA VATable?
If you offer your employees benefits in kind under a salary sacrifice deal as an alternative to part of their salary, will you have to account for VAT when you supply the benefit? Supplying employees If you’re VAT registered you must charge it on your sales unless whatever you’re supplying is exempt or outside the scope of VAT. This applies to all your customers, including your employees. With a few exceptions, the amount on which VAT is payable…
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