- Loan administration services were debt collection services (Target Group Limited v HMRC)
- What are the practical implications of this case?
- What was the background?
- What did the court decide?
- Case details
Tax analysis: In Target Group Limited v HMRC the First-tier Tax Tribunal (FTT) held that loan administration services provided by Target Group Limited (Target) to a UK bank, Shawbrook Bank Limited (Shawbrook), were standard rated as supplies of debt collection. Target’s appeal was dismissed.
Sign in or take a trial to read the full analysis.
To continue reading this news article, as well as thousands of others like it, sign in to LexisPSL or register for a free trial