Staff Hire Concession As far as the Budget is concerned, it’s often what is not said that can be important.
The Chancellor managed to slip in a “Technical Note”, buried among all the other notices which we only discovered yesterday. It appears that the Staff Hire Concession is to be withdrawn with effect from 1 April 2009. From that date, VAT will be due on the total consideration for the supply of staff not just on the agent's margin. To read the note in full, go to:
http://www.hmrc.gov.uk/budget2008/tn-withdrawl-staff-hire.htm
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