LTL purchased vouchers from Harrods via a concession within Harrods run by DSG Retail Limited (referred to in the appeal as ‘Dixons’ or ‘Currys’). The vouchers could be redeemed on the online games platform ‘Steam’, owned by Valve Corporation.
In Lucky Technology Limited v HMRC [2022] TC08616, the First Tier Tribunal (FTT) held that input VAT could be reclaimed on Steam vouchers purchased from a Harrods concession. They were retailer vouchers, Harrods was acting as principal not agent, so VAT had correctly been charged and could be reclaimed.
Sources:
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