VAT invoices

Further harmonisation of VAT invoicing will take effect on 1 January 2013. The implementation of Directive 2010/45/EU (VAT invoicing rules) in the UK will introduce a number of changes, including the following:

• provisions relating to the issue of simplified invoices;
• similar treatment of paper and electronic invoices (including no requirement for the e-invoice to be by advance e-signature or EDI);
• removal of the requirement to issue a VAT invoice for exempt supplies; and
• invoices to be raised within 15 days of the end of the month in which the chargeable event occured.

Student employees - important updates and changes

From 6 April 2013, Form P38(S) will be withdrawn and students will be treated in the same way as all other employees for PAYE tax and NICs purposes regardless of when they work for you.

Construction Industry Scheme: Implementing the Scheme & Employment Status

We are delighted to offer this new one-day course, for public or in-house training. It is designed for employers, contractors and subcontractors who are involved in the construction industry, and will look at the issues of making the correct assessment of employment status and the forms that have to be completed by both parties as well as all the day-to-day aspects of the scheme.

For course outline, dates and booking details, look on our website or call us on 01892 825885.

Thank you to all our clients for continuing to use our VAT and Payroll training courses; AdviceLine and consultancy services; and outsourced payroll management services.

Course dates up to December 2012 are posted on our website. Do visit us at www.haysdentraining.co.uk or call us on 01892 825885.

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