Time of supply ― continuous supplies of services

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

$imgtext$

This guidance note provides information regarding the tax point rules for continuous supplies of services and how to identify a continuous supply of services. For an overview of the time of supply rules generally, see the Time of supply ― overview guidance note.

The tax point rules for continuous supplies of services

A continuous supply of services may be made on terms where the consideration is determined either:

•
from time to time
•
at the beginning of a period of up to a year with a VAT invoice issued at the beginning of the period

The tax point rules that apply in each of the above circumstances are set out below.

Where the consideration for continuous supplies of services is determined from time to time

Where a continuous supply of services is made on terms where the consideration is determined from time to time, the services should be treated as separately and successively supplied on the earlier of each date that the supplier:

•
receives a payment relating to the supplies

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, generative tax AI, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Personal Tax

VAT on property disposals

VAT on property disposalsThis guidance note provides an overview of the VAT treatment of selling property that is located in the UK. The UK includes Great Britain, Northern Ireland and the territorial sea of the UK. The sale of any land or building located outside the UK is outside the scope of UK

14 Jul 2020 13:57 | Produced by Tolley Read more

Personal Tax

Transferable tax allowance (also known as the marriage allowance)

Transferable tax allowance (also known as the marriage allowance)What is the transferable tax allowance (marriage allowance)?From 6 April 2015, an individual can elect to transfer 10% of the personal allowance (£1,260) to the spouse or civil partner where neither party is a higher rate or additional

14 Jul 2020 13:52 | Produced by Tolley Read more

Employment Tax

Ministers of religion

Ministers of religionMost ministers of religion or members of the clergy are either office-holders or employees and so their earnings are taxable under ITEPA 2003 as employment income and are subject to Class 1 National Insurance.For the purposes of the tax system, a minister does not have to belong

14 Jul 2020 12:14 | Produced by Tolley Read more

UU��ֱ��

Time of supply ― continuous supplies of services

Time of supply ― continuous supplies of services