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Revised treatment early termination fees – HMRC follows ECJ Case

Previous HMRC guidance said when customers are charged to withdraw from agreements to receive goods or services, these charges were not generally for a supply and were outside the scope of VAT. HMRC has recently published revised guidance where it is now stated that these payments are liable to VAT unless there is no direct link between a payment and a supply of goods and services.

Source: pincvision.com

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