VAT on Disbursements: Do you know the full extent of your risk?

tmgroup are offering a free service to customers to find out how much VAT they might be liable for, following the Brabners case on VAT on Electronic Property Searches.

Our Finance Team are able to create a report against each firm’s spending with tmgroup over the last few years – and what rate of VAT they may now be liable to pay to HMRC. This will help firms to understand the full extent of their risk exposure and make appropriate plans in the event that HMRC should send them a bill.

Tony Bobath, Chief Financial Officer (CFO) at tmgroup comments:

“By providing this insight upfront, our customers can turn all of the uncertainty surrounding the Brabners case into a manageable risk that they can financially plan for – if the worst should happen. My team has already provided this insight on request to a number of firms – and it has been gratefully received. We are more than happy to extend this service and help all of our customers gain a better understanding of their risk exposure.”

For more information and to request your firm’s VAT risk report, please contact your Account Manager.