26 February 2021
Prudential v HMRC; (FTT)
Zizhen Yang acted for The Prudential Assurance Company Limited in its successful appeal in a case concerned with how the VAT group rules interact with the time of supply rules where there is a continuous supply of services. The Tribunal, in allowing the appeal, held that services provided while the supplier and recipient were members of the same VAT group do not give rise to a VAT charge, and this is not affected by the fact that invoices are issued in later periods when the supplier has left the VAT group.
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