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VAT and Financial Services

Alan Buckett Deputy Taxation Director at Barclays Bank plc reviews IBC's 8th annual VAT conference on financial services
On 27 April it was once again a privilege to chair yet another IBC annual VAT conference devoted to the financial services sector. This year in response to popular demand from previous delegates the programme was set to provide the whole morning on the issue of outsourcing.
Outsourcing — an overview
Peter Jenkins Global Head of Indirect Tax at Ernst & Young started the day with an overview and key principles. Outsourcing was defined as the contracting out to a third party of functions which were previously performed in-house. He...

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