VAT on Invoices Subject to Settlement Discount

From the 1st April this year, the rules relating to VAT and Prompt Payment Discount (otherwise known as Early Settlement Discount or Cash Discount within axis diplomat) will be changing.

To help advise axis diplomat users on how they should change their processes for dealing with these discounts, we have now published a support note.

Discover more: https://www.axisfirst.co.uk/documentation/VAT-on-Invoices-Subject-to-Settlement-Discount/articles/11576