Jerome is a value added tax (VAT) registered trader who received an order for goods with a 10% deposit on 18 August 2016. The goods were despatched on 26 August 2016 and an invoice was sent on 2 September 2016. The balancing 90% of the payment was received on 10 September 2016.What are the tax points for the deposit and the balancing payment if Jerome does not use the cashaccounting scheme? Deposit Balancing payment
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