You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Schedule an initial consultation
Call us on - 01342 824181
E-mail - email@example.com
At DMC Partnership we can advise companies about group VAT registration. Here are some of the issues to consider.
VAT grouping occurs where two or more companies or limited liability partnerships (LLPs) are treated as a single taxable “person” for VAT purposes. A VAT group is treated in the same way as a single company registered for VAT on its own.
An unincorporated body, such as a sole trader or partnership, is also permitted to join a VAT group provided it makes taxable supplies and controls one or more companies or LLPs.
In general, the members of the group each have to have an establishment in the UK and be under common control. There are special conditions for VAT groups with an annual turnover of more than £10 million.
Advantages of group registration are:
As with most other areas of the tax system, VAT Groups are subject to detailed anti-avoidance provisions.
If you would like further advice on VAT group registration, please contact DMC Partnership.
26 Jan 2021
Self assessment taxpayers will not be fined for late online returns if they file by 28 February, HMRC has said.
If you wish to schedule an initial consultation then please request a call back using our helpful form below, and we will be in touch as soon as possible.