Alan Dolton Editor of Tolley's Tax Cases and Tolley's VAT Cases gives us the latest tax case news
Boots Co plc v HMRC (CA – 17 December)
The CA has unanimously upheld the CA decision in favour of HMRC reported at [2009] STC 1577. A large retail company (B) operated a 'bespoke' retail scheme under VAT Regulations 1995 Reg 67. It ran several sales promotion schemes under which customers who spent at least £15 were given coupons entitling them to £5 off subsequent purchases. Initially B accounted for VAT on the full price of the original goods and the reduced price of the subsequent purchases. Subsequently HMRC agreed that...
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Alan Dolton Editor of Tolley's Tax Cases and Tolley's VAT Cases gives us the latest tax case news
Boots Co plc v HMRC (CA – 17 December)
The CA has unanimously upheld the CA decision in favour of HMRC reported at [2009] STC 1577. A large retail company (B) operated a 'bespoke' retail scheme under VAT Regulations 1995 Reg 67. It ran several sales promotion schemes under which customers who spent at least £15 were given coupons entitling them to £5 off subsequent purchases. Initially B accounted for VAT on the full price of the original goods and the reduced price of the subsequent purchases. Subsequently HMRC agreed that...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
