Commentary

V7.276 International services—planning points to consider

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.276 International services—planning points to consider

Part V7 Tax planning | Commentary

V7.276 International services—planning points to consider

The following planning points should be given consideration.

  1.  

    •     It should be noted that the Isle of Man is deemed to be part of the UK as far as VAT is concerned but that the Channel Islands are excluded.

  2.  

    •     It is important to remember that the reverse charge legislation applies to 'persons' in the UK not just 'taxable persons'. This means that a business not registered for VAT will need to take into account the value of services it receives from abroad in calculating whether it needs to be VAT registered according to the relevant turnover

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