A recent FTT decision provides a startling level of insight into HMRC’s decision making process, writes Bryn Reynolds (Pinsent Masons).
Readers of the recent Go City Ltd v HMRC [2024] UKFTT 745 (TC) decision may have been expecting a technical discussion on the difference between a ticket and a voucher. Instead they received a front-row seat to an exploration of HMRC’s internal procedures inadequate disclosure and at one point reliance that their previous advice was incorrect that will make uncomfortable reading for HMRC. A loss on the technical grounds may be a blessing as it diverts attention from the nearly £4m potentially lost due to internal procedural delays.
Settled history?
HMRC and the Leisure Pass Group (‘Leisure Pass’) debated the VAT treatment of the eponymous pass over a series of hearings from 2007. Leisure Pass’ preferred treatment as a face value voucher not only provided a cash...
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A recent FTT decision provides a startling level of insight into HMRC’s decision making process, writes Bryn Reynolds (Pinsent Masons).
Readers of the recent Go City Ltd v HMRC [2024] UKFTT 745 (TC) decision may have been expecting a technical discussion on the difference between a ticket and a voucher. Instead they received a front-row seat to an exploration of HMRC’s internal procedures inadequate disclosure and at one point reliance that their previous advice was incorrect that will make uncomfortable reading for HMRC. A loss on the technical grounds may be a blessing as it diverts attention from the nearly £4m potentially lost due to internal procedural delays.
Settled history?
HMRC and the Leisure Pass Group (‘Leisure Pass’) debated the VAT treatment of the eponymous pass over a series of hearings from 2007. Leisure Pass’ preferred treatment as a face value voucher not only provided a cash...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
