This follows a previous post – What must a UK VAT invoice show.

When a VAT invoice is issued:

Date invoice is issued Time of supply (tax point) Effect of full advance payment
Before the date the supply takes place The date the invoice is issued If payment is received before the invoice is issued, time of supply (tax point) is the date payment received
On the same day that the supply takes place The date the invoice is issued If payment is received before the invoice is issued, time of supply (tax point) is the date payment received
Between 1 and 14 days after the date the supply takes place The date the invoice is issued If payment is received before the date the supply takes place, the time of supply (tax point) is the date payment received
15 or more days after the date the supply takes place The date the supply takes place (unless the supplier has permission from HMRC to move the time of supply to more than 14 days afterwards – in which case it will be the date of the invoice) If payment is received before the date the supply takes place, the time of supply (tax point) is the date payment received

 

When No VAT invoice is issued:

Date full payment received Time of supply
Before the date the supply takes place The date the payment is received
On the day when the supply takes place The date the supply takes place
After the date when the supply takes place The date the supply takes place

 

For more detailed guidance, please check the HMRC manual on VAT Place of Supply.