HMRC has issued a further Brief 35/11 about the Paymex decision which clarified that certain services provided in connection with Individual Voluntary Arrangements (IVAs) are exempt rather than axable. This confirms that while Paymex dealt only with consumer IVAs, the same rule applies automatically to all IVAs, subject only to the broad nature of the related services being similar to those given in Paymex.
展开▼
