BB/26C/96 Supplies of accountancy and other services within VATA 1994 Sch 5Business Brief, Issue 26. 19 December 1996This 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 decisionThe 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
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.
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
**Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason.