VAT on Compensation Funds in Mental Property Settlements

VAT on Compensation Payments in Intellectual Property Settlements

This blog is a continuation of our recent blog on HMRC’s surprising changes in VAT and early termination payments. As mentioned earlier, the updated guidelines from the HMRC are proving extremely controversial. What happened? People are unhappy because the updated guidelines treat termination payments (including for breach or withdrawal or under flat-rate indemnity clauses) as … Read more