- HMRC internal manual on VAT Supply and Consideration updated
- Provides guidance on determining liability of supply of goods or services for consideration
- Covers basic principles, identifying a supply, consideration, illegal supplies, goods or services, and more
- Amendments include information on payments that are not considered consideration, such as carbon offsetting
Source: deeksvat.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.
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