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New opportunities to form and extend VAT groups
KEY POINTS
- VAT liabilities can be reduced and administration eased if businesses can form a VAT group.
- Current UK legislation limits the eligible members of VAT groups to “bodies corporate”.
- The opinion of advocate-general Paolo Mengozzi in two recent ECJ cases may presage a change of view.
- The advocate-general also suggests that one VAT group member does not have to be subordinated to and controlled by the representative member.
- Will the ECJ confirm that partnerships can also be members of VAT groups?
Businesses could soon learn that partnerships can finally help to reduce the VAT burden by joining a VAT group.
The rule that only “bodies corporate” such as limited companies and limited liability partnerships are eligible to become members of VAT groups (under VATA 1984 ...
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