New section VDIM9025 (joining a VAT group) has been added to HMRC’s VAT Default Interest Manual.
It confirms that, when a taxpayer is deregistered under its existing registration number on joining a VAT group, the representative member of that group is not liable for the new member’s previous liabilities before it joined the group – only future VAT due.
In addition, interest can continue to be charged by HMRC on an assessment issued to the taxpayer before it joined the VAT group.
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
