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HMRC Revises Policy on VAT Treatment of Fees and Compensation - Vimarsana News

HMRC Revises Policy on VAT Treatment of Fees and Compensation

HM Revenue and Customs now considers that charges made by businesses to their customers to withdraw early from agreements to supply goods or services are payments for a supply and potentially subject to value added-tax.

HMRC Revises Policy on VAT Treatment of Fees and Compensation - Vimarsana News

HMRC Revises Policy on VAT Treatment of Fees and Compensation

HM Revenue and Customs now considers that charges made by businesses to their customers to withdraw early from agreements to supply goods or services are payments for a supply and potentially subject to value added-tax.