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VAT groups concession: consultation

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HMRC are seeking views on ‘the best legislative approach’ to giving statutory effect to concession 3.2.2, which applies to UK VAT groups with an overseas member which buys services from persons outside the group and uses them to make supplies to UK members of the group.

Comments are invited by 3 August 2011, and legislation will be included in Finance Bill 2012.

Revenue and Customs Brief 16/11, issued in March 2011, set out how the concession is applied following a recent change to the place of supply rules.