HMRC issues VAT guidance on refunds for non-UK VAT groups and fund management services

HMRC has changed the VAT refund process for non-UK businesses in VAT groups: each group member must now claim refunds separately for the VAT it incurred, rather than through the representative member.
Transitional rules apply for refund claims relating to the prescribed year 1 July 2025 to 30 June 2026.
HMRC also explains how businesses can ask it to reconsider certain refund claims that were refused on or after 1 January 2021.
HMRC issued guidance on VAT for outsourced fund management services, setting out its recommended approach to determining the correct VAT treatment, including whether a service is a single supply or multiple supplies.

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.