HMRC have invited comments by 28 March on draft legislation removing the restriction of the right to recover VAT incurred on the business entertainment of overseas customers.
HMRC have invited comments by 28 March on draft legislation removing the restriction of the right to recover VAT incurred on the business entertainment of overseas customers.
Revenue & Customs Brief 09/11 said that, subject to the consultation, the changes are intended to be introduced on 1 May.
The proposed change was announced in Revenue & Customs Brief 44/10.
HMRC have invited comments by 28 March on draft legislation removing the restriction of the right to recover VAT incurred on the business entertainment of overseas customers.
HMRC have invited comments by 28 March on draft legislation removing the restriction of the right to recover VAT incurred on the business entertainment of overseas customers.
Revenue & Customs Brief 09/11 said that, subject to the consultation, the changes are intended to be introduced on 1 May.
The proposed change was announced in Revenue & Customs Brief 44/10.
