HMRC publishes guidance on IVAs and VAT following Paymex | Practical Law
HMRC has published guidance on the application and VAT implications of Paymex Ltd v Revenue & Customs [2011] UKFTT 350 (TC) in the context of individual voluntary arrangements. The guidance is substantively identical to its guidance of 31 August 2011. (Revenue & Customs Brief 35/11, published on 20 September 2011.)