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UK Revenue and Customs Brief Issued on Changes in VAT Exemption for Cost Sharing Groups

|Approved Changes|United Kingdom
United Kingdom

On 22 March 2018, UK HMRC issued Revenue and Customs Brief 3 (2018), which concerns changes to the value added tax (VAT) exemption for cost sharing groups (CSGs). The exemption allows persons who carry on certain activities that are in the public interest to join together to form a CSG so that they can acquire services and recharge their members for their use of the services at cost without in…

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