ITAX Crossword

Goods and services which are not chargeable to VAT
A rate of VAT that is charged for socially beneficial items such as domestic fuel
If a VAT invoice is issued up to this number of days after the basic tax point, the date of issue becomes the tax point
VAT charged on the sales of goods and services
VAT is an ___________________ on consumer spending (8,3)
The date on which the goods are sent or collected or the service performed (also normally the invoice date) (5,3,5)
A visit to a business by HMRC VAT officers who check that VAT is being charged correctly (3,10)
A supplier who has registered for VAT (7,6)
The account in the nominal ledger that records and summarises all items of input and output tax and provides the data for the VAT return (3,7,7)
VAT incurred on the purchase of goods and services (5,3)
This is the person that ultimately pays the VAT on goods or services
Where the annual sales of VAT-registered business falls below a certain amount the business applies to HMRC to cease to be VAT-registered (14)
HMRC reccomend that businesses keep their financial records for ____________ plus the current year (3,5)
The government body that regulates and administers the collection of tax (1,1,1,1)