Post Offices: ICT
(asked on 15th January 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the settlement award of £57.75 million with sub-postmasters announced on 11 December 2019 will be subject to VAT.
This question was answered on 20th January 2020
Payments resulting from legal settlements are normally VAT free as they are not made in return for goods or services.
Due to HMRC’s statutory responsibilities I am unable to comment on the tax affairs of individuals or identifiable groups of individuals.