VAT discount reckoner
20th April 1973, Page 21
20th April 1973
Page 21
Page 21, 20th April 1973
— VAT discount reckoner
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• Value-added tax may be calculated on the discount value of a transaction whether the discount offered for prompt payment is earned by the customer or not. Hauliers who allow a discount for early settlement might find useful the VAT discount ready reckoner published this week by Pearson and Rice, 58 High St, Hoddesdon, Herts.
The price is 25p for a single copy or £1 for five copies, post free.