In recent years there has been a significant rise in fintech businesses; businesses who use technology solutions to help deliver financial service products. Experience has shown that these businesses ...
The UK VAT rules applicable to VAT exempt supplies continue to be a frequent area of dispute with the UK tax authority (HMRC). They are also a set of rules that can lead to unexpected VAT costs ...
Back in November 2023, the Amsterdam High Court ruled that the interest received by X BV (a notary firm) for funds in its trust account qualifies as VAT exempt turnover. According to the High Court, ...