This brief sets out HMRC’s conclusions and actions taken following the consultation and subsequent evidence gathering exercise. According to the Brief ‘This may result in some businesses reviewing previously submitted returns.’
The Consultation was published in January 2021 and the response document in July 2021. The Consultation was on the rules where a bundle of items with different VAT liabilities are sold for a single price that is often less than the price that would be charged for each item if it was bought separately. For the Consultation page, click here.
Source KPMG
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