Lee Squires and Fiona Bantock provide this month’s update on developments in the VAT arena
Important recent developments in VAT are as follows.
In Way Ahead Group [2014] UKFTT 178 (TC) the taxpayer (WAG) operated a ticket selling agency taking bookings from customers on behalf of events promoters.
WAG charged the customer two fees in addition to the face value of the ticket: a transaction fee; and a booking fee of 10% of the face value of the ticket. The transaction fee is standard rated and its treatment was not in dispute before the First-tier Tribunal (FTT).
The question for the FTT was whether the booking fee was...
