VAT for financial services: The basics

3rd April 2024

For financial services businesses, understanding the VAT rules is crucial for maintaining compliance and optimising tax efficiency. Dougie Todd, Partner and Co-Head of VAT, explains the basics of VAT for the Financial Services sector.


Watch the video to understand:

  • The impact of VAT on the sector
  • VAT recovery
  • Partial exemptions, direct attribution and residual costs

You can view the additional videos in this four-part series below:

For further advice and assistance with your VAT obligations, contact Dougie Todd.

Dougie Todd

Partner, Co-Head of VAT
+44 20 7082 5839
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The Sunday Times Best Places to Work 2024
Accounting Excellence Large Firm of the Year 2023
eprivateclient top accountancy firm 2023

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