The following Value Added Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
This guidance note looks at the special place of supply rules that apply to a variety of different services that fall broadly under the bracket of consultancy, professional and ‘other’ services.
For an overview of VAT and international services more broadly, see the International services ― overview guidance note.
In-depth commentary on the legislation and case law that applies to consultancy, professional and other services can be found in De Voil Indirect Tax Service V3.193.
This guidance note looks at the place of supply rules that apply to a relatively wide range of services that fall into the following broad categories:
transfers and assignments of copyright, patents etc
consultancy and professional services
banking, financial and insurance services
supplies of staff
VATA 1994, Sch 4A, para 16
This category includes any transfers and assignments of copyright, patents, licences, trademarks and similar rights. The payment for these kinds of services are often described as ‘royalties’.
HMRC suggests that these are intellectual property rights that are capable of being legally enforced and that services that do not involve intellectual property will not be covered even if they can be described as a right or licence.
The following table summarises HMRC’s views on some common examples of supplies that do and do not fall within this category:
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