RCB/10/13 VAT—withdrawal of the VAT exemption for supplies of research between eligible bodies – consultation update
Revenue & Customs Brief, Issue 10. 25 April 2013
Purpose of this Brief
The purpose of this Brief is to update those engaged in research on developments arising from the consultation and to request further data from some of those who have already responded. The Summary of Responses will be published after this additional data has been provided.
Services supplied to employers or Trustees in respect of occupational pension schemes held through trusts are not covered by this Brief.
Who needs to read this Brief
All suppliers of business research and those that commission research.
HM Revenue & Customs (HMRC) published the consultation December 2012 to gather information to allow them to assess more accurately the impact of the withdrawal of the exemption and to see whether there are any possible options to mitigate that impact.
The consultation has identified that there is a lack of