Elizabeth Small writes for Taxation: VAT early termination fees and compensation payments

Corporate partner, Elizabeth Small, has written for Taxation, looking at the Revenue and Customs Brief 2/2022.

Small sums up the recent brief published by Revenue and Customs: "Fees charged when customers terminate a contract early will be regarded as further consideration for the contracted supply.."

The article was first published on Taxation on 16 March 2022, and is available to read in full here: VAT early termination fees and compensation payments.