HMRC to appeal over VAT on cinema tickets

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.

Continued...

» Register now

The full article is available to registered AccountingWEB members only. To read the rest of this article you’ll need to login or register.

Registration is FREE and allows you to view all content, ask questions, comment and much more.