Monday, January 30, 2017

Heating Plumbing Supplies Limited – VAT recovery on management buyout fees – Lexology (registration)



Heating Plumbing Supplies Limited – VAT recovery on management buyout fees
Lexology (registration)
The structure adopted as the means of giving effect to the buyout was for HPSL to be acquired by a new holding company, Heating Plumbing Supplies Group Limited (HPSGL), which was owned by the management and staff. The purpose of the buyout was to …

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