Liquidated and ascertained damages

Liquidated and ascertained damages - 2001 - RICS Quantity Surveying and Construction Faculty News 12 October 2001, (1) .

An explanation of the correct VAT treatment of payments made under the liquidated and ascertained damages part of contracts. Article courtesy of the VAT Consultancy, htttp://www.thevatconsultancy.com.


ASCERTAINED DAMAGES
LIQUIDATED DAMAGES
VALUE ADDED TAX