Last September 2018, H M Revenue & Customs (“HMRC”) issued Revenue & Customs Brief 6 – VAT Exemption for all domestic service charges, VAT Information Sheet 07/18 – Applying the correct VAT liability on residential domestic service charges, and an amendment to Section 12 Service charges and residential accommodation of HMRC Notice 742 Land and Property.

Covering Topics

  • Overview
  • Basic VAT principles
  • Resident Management Companies
  • VAT implications for RMC’s not VATregistered and not holding a freehold or superior interest
  • Right to Manage Companies
  • Further information

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