In this session we will explore the latest position on VAT on termination and compensation payments in commercial contracts. 

Broadly, from April 2022, VAT is likely to be payable on most early termination fees in commercial contracts. The position has been in flux since September 2020 when HMRC made a surprise announcement that it was changing the rules. Last month, HMRC finally published updated guidance providing much needed clarity.

This training will provide an overview of the current position, the background to the changes and most importantly the impact on clients.

Event date

12:00 - 13:00 BST

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