Transfer pricing & VAT
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![[Deleted User]](https://w5.vanillicon.com/v2/542636b751774a32220a36c333438af8.svg)
[Deleted User]
Posts: 314
Hey
I have a question with regards to TP and VAT.
Company X owns companies A & B. If company A is VAT registered and buy raw mats and converts them to finished goods, can company A transfer those goods at marginal cost to company B without charging VAT as company B is not VAT registered?
Both companies are in the UK.
Thanks.
I have a question with regards to TP and VAT.
Company X owns companies A & B. If company A is VAT registered and buy raw mats and converts them to finished goods, can company A transfer those goods at marginal cost to company B without charging VAT as company B is not VAT registered?
Both companies are in the UK.
Thanks.
0
Comments
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I think that vat has to be charged unless they are part of a vat group0
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Bluewednesday wrote: »I think that vat has to be charged unless they are part of a vat group
I believe thats true.
Although if company B is vat registered is can reclaim the vat.0
