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Our company pays lead costs for potential jobs. How would you normally account for the lead costs?
Would this be seen as a cost of sale or as an administrative expense?
We currently sub-contract work out for energy saving measures. We have been asked by our customer to raise our invoices @ 5% VAT due to the below definition from HMRC.
"Heating equipment and connection of gas supply (to the extent they are grant-funded by certain funders to people aged over 60...