Revenue & Customs Brief 16/11 sets out how the government intends to legislate HMRC’s extra statutory concession ESC 3.2.2, which sets out how the tax charge applicable to VAT groups should be calculated.
The concession affects UK VAT groups with an overseas member that buys services from persons outside the VAT group and uses them to make supplies to the UK members.
Revenue & Customs Brief 16/11 sets out how the government intends to legislate HMRC’s extra statutory concession ESC 3.2.2, which sets out how the tax charge applicable to VAT groups should be calculated.
The concession affects UK VAT groups with an overseas member that buys services from persons outside the VAT group and uses them to make supplies to the UK members.
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