- The UK Supreme Court ruled that the tax authority correctly imposed VAT on intragroup performance fees between companies that were previously part of the same VAT group, dismissing an appeal by Prudential Assurance Company Ltd.
Source: news.bloombergtax.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"
- 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
- HMRC Announces New Vaping Products Duty and Stamps Effective October 2026
