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07 April 2020
VAT treatment of fees for tax return preparation.
We provide accounts and tax return preparation services to offshore property owners both corporate and individual. However we have not always been able to confirm the correct VAT treatment of our fees and how far the definition of services extends in relation to UK land. We have asked several VAT advisers but they have all said this is not entirely clear and that it is very difficult to determine. For safety we have therefore treated the preparation of tax returns and accounts that include UK rental income as standard rated (services in relation to UK land) and the preparation of accounts (for related entities) that do not include any UK rental income as outside the scope.
We are also not sure whether a non-resident individual is considered to be a ‘business’ for VAT purposes or a consumer.
Query 19 531 – Confused.
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Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
