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The Poynt 45 Wollaton St Nottingham NG1 5FW
Client: 020 3848 9060Debtor: 020 3848 9069
04 November 2019
Just exists to modernise and improve the High Court enforcement industry. In preparing to launch the business, the question of how to apply VAT arose. The regulations did not seem to allow companies to charge VAT to the debtor, but the industry at large does so in many cases.
Just sought advice from the country’s leading VAT barrister, Melanie Hall QC, of Monkton Chambers and then consulted with the Queens’ Bench, the Ministry of Justice and HMRC over the course of 14 weeks.
The government has now confirmed that Creditors should pay VAT, who can then reclaim it as a cost of doing business in the normal way. The industry, however, continues to await a response from the Ministry of Justice on this point.
Read here the latest news on this matter.