Commentary

BB/26C/96 Supplies of accountancy and other services within VATA 1994 Sch 5

Part V16 Forms and other HMRC material

BB/26C/96 Supplies of accountancy and other services within VATA 1994 Sch 5

BB/26C/96 Supplies of accountancy and other services within VATA 1994 Sch 5

Business Brief, Issue 26. 19 December 1996

This Business Brief explains the implications of a VAT tribunal decision on accountancy services supplied by a United Kingdom company to a company established overseas. It also reminds traders that services of carrying out a statutory audit of the accounts of a company incorporated in the United Kingdom and trading overseas are supplied in the United Kingdom and are standard-rated.

VAT tribunal decision

The VAT tribunal considered in W H Payne & Co v C & E Comrs [1995] V & DR 490 [Part V12] whether certain accountancy services were within or outside the scope of United Kingdom VAT. This turned on whether the customer, a company incorporated overseas, received these services at its overseas establishment or at a United Kingdom establishment.

The tribunal found on the facts of

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