- Go City Limited sold London Pass and London Explorer Pass
- Passes were considered multi-purpose vouchers and outside the scope of VAT
- Passes were not considered tickets
- Supplies took place when customers used the Passes, not when purchased
- HMRC’s contention that entire purchase price should be allocated as consideration was rejected
- Assessments raised by HMRC were found to be invalid
- FTT allowed Go City’s appeal
Source: taxscape.deloitte.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
