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Documents beginning with the letter 'V'

VAT Manual
File Size: 1mb    Key Document Click here to see more information about the document

Isle of Wight Council is registered for VAT and is regularly inspected by VAT officers from HM Revenue and Customs (Customs), who can charge interest and penalties on errors that they find. Errors causing arrears of tax, penalties and interest assessed by Customs are normally charged to the department/establishment in which the error arose and therefore it is very important that we all deal with VAT correctly.



VAT SAP ID's Guide
File Size: 20kb    Key Document Click here to see more information about the document

A reference sheet of SAP VAT codes and some guidance of what supplies may fall under each.