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HMRC clarifies VAT charges on commercial rent recovery
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HMRC clarifies VAT charges on commercial rent recovery
Debt recovery agency Debt Squared Group has been given clearance by HMRC on the lawful application of VAT on commercial rent arrears recovery (CRAR) fees. Debt Squared Group had asked HMRC to clarify its position on VAT charging for the recovery of debt from businesses in arrears on commercial rent. HMRC has now confirmed that under no circumstances shouldVAT invoices be issued to tenants and that enforcement agents issuing VAT invoices to debtors are acting unlawfully.....Read more HereTags: None
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