ÀÏ˾»úÎçÒ¹¸£Àû

This guidance note examines how to identify the recipient of a supply for VAT purposes in the context of holding companies.

It is common for VAT to be incurred on a variety of costs associated with acquiring, holding or disposing of companies. However, a holding company can only recover VAT where it is the ‘recipient’ of the supply in question (amongst other factors).

Often the question of who receives a supply is straightforward. However, sometimes complexities can arise (particularly for holding companies).

For an overview of VAT and holding companies generally, see the Holding companies ― overview guidance note.