VAT trigger points This list summarises key trigger points for VAT, please note that VAT is a complex and often overlooked area that can create both risks and opportunities for clients. A more detailed list is available outlining common triggers where VAT considerations arise across different industries and services. It serves as a practical guide to help teams cross-refer work to the VAT team, ensuring clients receive comprehensive tax advice while mitigating risks and maximising VAT efficiency. 1. Specific client types or industries Charity clients Education providers Businesses providing Saas, digital platforms or e-commerce services Dental businesses providing both VAT exempt and taxable services Agricultural clients with diversification projects Private clients purchasing high end luxury assets e.g. yachts, private jets Family Investment Companies (FICs) 2. New entities
VAT registration
3. Corporate transactions & restructuring VAT recovery on deal costs VAT implications of restructuring transactions Transfer of a Going Concern (TOGC) VAT treatment of intercompany transactions post-restructuring
Contact: Bernado Almeida, Partner Windsor House