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Re: Prepayments redux

I just found what I think is the relevant regulation:
<http://www.opsi.gov.uk/si/si1995/Uksi_19952518_en_4.htm>  Remarkable
document.  Your government really doesn't want you in business without a
full-time accountant on staff, do they?  Oh, well.  We can look forward to
similar levels of "regulation" soon as a well.

In any case, in the absence of advice from a British accountant I'd send
the pre-payer a credit memo containing all the stuff the regulation appears
to require.
John Hasler 
Elmwood, WI USA