Input VAT recovery on retail vouchers – First-tier Tribunal finds in favour of … – Lexology (registration)

Input VAT recovery on retail vouchers – First-tier Tribunal finds in favour of … – Lexology (registration)

Input VAT recovery on retail vouchers – First-tier Tribunal finds in favour of
Lexology (registration)
The Tribunal’s interpretation of Schedule 10A (Face-Value Vouchers) to the Value Added Tax Act 1994 was that, for VAT purposes, it effectively merges the retailer’s supply of the voucher with the ultimate supply on redemption (to the voucher-holding …

Input VAT recovery on retail vouchers – First-tier Tribunal finds in favour of … – Lexology (registration)