[Banking-pm] My fellow contractors!

alex at owal.co.uk alex at owal.co.uk
Mon Dec 18 06:19:02 PST 2006


Andy wrote:
> When adding VAT to invoices, does the resultant VAT get rounded up or
> down?
>
> Or, given that's a daily rate, do I only round off the total figure?

The latter. Basically no one seems to mind about half pence... perhaps you
could sometimes round up and sometimes round down. Howevever if you
repeatedly round down then the accumulative effect will might be noticed.


BUT who knows...


Alex (in china) McLintock


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