Regulation 19 ScopeI1

Scotland

An entitlement to credit arises under this Part where—

(a)

a registered person has carried out a taxable activity for a consideration in money for a customer with whom the registered person is not connected;

(b)

the registered person has accounted for and paid tax on the disposal concerned;

(c)

the whole or any part of the consideration for the disposal has been written off in the registered person’s accounts as a bad debt;

(d)

the registered person has issued a landfill invoice in respect of the disposal which shows the amount of tax chargeable;

(e)

that invoice was issued—

(i)

within 14 days of the date of the disposal; or

(ii)

within such other period as may have been specified by Revenue Scotland;

(f)

a period of one year (beginning with the date of the issue of that invoice) has elapsed; and

(g)

the following provisions of this Part have been complied with.

Annotations