VAT groups: enactment of ESC 3.2.2 | Practical Law
On 6 December 2011, HMRC and HM Treasury published draft legislation, for inclusion in the Finance Bill 2012, to replace extra-statutory concession 3.2.2 (ESC 3.2.2). The concession allows VAT reverse charges to be based on the cost of services purchased by group members established overseas and prevents excessive charges arising.