Value Added Tax (VAT)

Change to VAT liability for the supply of research (1 August 2013)

Following the communication to departments earlier this year, the VAT exemption for supplies of research from one eligible body to another has been removed by HMRC, with effect from 1 August 2013. To find out more and for a summary of the transitional measures, please refer to the VAT update in the August Finance Bulletin. The VAT Research pages will be updated with further details in due course.