HMRC to appeal over VAT on cinema tickets

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HM Revenue & Customs is taking its VAT case against Odeon subsidiary Bookit Ltd to the Court of Appeal.

As reported previously on AccountingWEB, Bookit Ltd takes remote credit and debit card bookings for Odeon cinema seats nationwide (but not cash bookings), and adds a handling fee to the ticket price. The High Court ruled in July that the handling fee added by Bookit was not subject to VAT, because Bookit was providing a financial intermediary service, and such services are exempt from VAT.

In its latest Business Brief, HMRC states: "It remains HMRC's view that the additional amount charged by Bookit to the cinema-goer is properly subject to VAT at the standard rate. The High Court did not consider the liability of Bookit's services as agent of Odeon for the sale of cinema tickets. Supplies...

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