- UK VAT grouping rules are considered business friendly
- Overseas entities can join a UK VAT group through a fixed establishment
- Most EU VAT groups only recognize the establishment concept
- HMRC is reconsidering the UK approach by applying the Skandia doctrine
- Decision in the Barclays case on 29 August 2024 ruled that an offshore group entity did not meet the requirements for UK grouping purposes
Source: insightplus.bakermckenzie.com
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"
- Isle of Wight NHS Trust vs HMRC: VAT Exemption Dispute on Locum Medical Practitioners
- HMRC Guidance: How to correct VAT errors and make adjustments or claims (VAT Notice 700/45)
- Supreme Court Decision Mandates Prudential to Pay VAT on £9.3 Million Success Fees
- UK Supreme Court Rules on VAT Grouping and Time of Supply in Prudential Case
- High Court Rules in Favor of Hotelbeds UK on Input Tax Recovery Without VAT Invoices
