Commentary

BB/30E/03 VAT—publication of consultation document on tackling VAT group abuses

Part V16 Forms and other HMRC material

BB/30E/03 VAT—publication of consultation document on tackling VAT group abuses

BB/30E/03 VAT—publication of consultation document on tackling VAT group abuses

Business Brief, Issue 30. 24 December 2003

Customs have today published a consultation document entitled “Tackling VAT group abuses”, as announced in the pre-Budget report on 10 December 2003. The consultation invites comments on proposed new legislative criteria for VAT grouping. The aim is to prevent large partly exempt companies misusing UK VAT grouping flexibility to buy in services free of VAT, by VAT grouping with entities run by and for the benefit of the external suppliers.

To date, Customs have used powers to prevent or dismantle VAT groups for the protection

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