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Transact owner set for £7.9m VAT battle with HMRC

Integrafin has said that should the decision by HMRC be upheld, the VAT due for the period 4 July 2016 to 30 September 2021 would be £7.9m.

Integrafin Holdings, the parent company of adviser platform Transact, is to challenge HMRC’s decision to exclude one of its companies from the UK VAT group.

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