- VAT recovery in holding company transactions can be complex
- HMRC has a tough stance on VAT recovery in corporate transactions
- Holding companies must meet specific criteria to recover VAT on deal costs
- Holding company must be recipient of supply, undertaking economic activity, and have intention to make taxable supplies
- Providing management services to subsidiaries can help establish link to taxable supplies
- Acquiring shareholding can be considered necessary extension of holding company activities
Source: mha.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- Looking Again At Options To Tax supplies of land or buildings
- High Court Rules Curaçao Bank Unaware of £220m VAT Fraud, Dismissing Liquidators’ Claims
- Hippodrome Casino’s VAT Recovery Appeal Rejected by Tribunal, Standard Method Upheld
- Rethinking Britain’s VAT: Simplify Rules and Expand Coverage for Economic Stability
- UK Implements EPR Scheme for Packaging, Modulated Fees Begin in 2026
