Personal Insolvency Practitioners (PIPs)
Fees charged by insolvency practitioners, including Personal Insolvency Practitioners (PIPs), are liable to Value-Added Tax (VAT) at the standard rate.
PIPs, as provided in chapters 3 and 4 of the Personal Insolvency Act 2012, are involved in:
- debt settlement arrangements
- personal insolvency arrangements.
Further guidance contains more detailed information on the VAT treatment of insolvency practitioners, including Personal Insolvency Practitioners.