In Way Ahead Group, the FTT held that booking fees charged by a ticket selling agency were consideration for a separate exempt supply of payment processing services to the customer by the agency as principal. HMRC has released Revenue & Customs Brief 06/14 on the deductibility of VAT on pension fund management costs. In Associated Newspapers, the FTT held that, when determining whether free supplies were made for non-business purposes so that output VAT was chargeable, it was the purposes of the supplier, rather than the recipient, that were relevant. In Kumon Educational, the FTT held that a company could restructure its business to achieve a VAT saving, by arranging for supplies of printed matter (which were previously part of a standard rated supply) to be made by a separate company
