Navigating recovery of VAT on deal fees
Published on 15th July 2025
Maximising recovery of VAT on deal fees requires careful practical structuring around the specific facts and real substance behind the legal documentation, writes Jonny Squires, in an article originally published in Tax Journal
Recovering VAT on deal fees is a familiar process for many clients, but mistakes still occur, often due to practical oversights. Advisers must stress the importance of practical actions clients will need to take, at the correct point in the deal process, to help maximise successful VAT recovery. Management agreements should have genuine substance, reflect commercial reality, and be regularly actioned with fees charged. All such arrangements need ongoing monitoring to prevent costly errors.
This article was first published in Tax Journal on 27 June 2025.
