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Booking Fees - Exempt Financial Services???

February 2015

National Exhibition Centre Limited

Taxpayer sought recovery of overpaid VAT on booking fees charged to customers for purchase of concert tickets.  Taxpayer claimed booking fees constituted an exempt supply of card handling services.

Revenue and Customs Commissioners refusing to repay VAT on basis that supply being standard-rated.

You might have imagined that HMRC would repay the taxpayer following its defeats in the very similar cases of Bookit & Scottish Exhibition Centre  Ltd.  Alas no and whilst both the FTT and Upper Tier have now found in favour of the taxpayer the issue of whether such services can be exempt will now be heard by the CJEU.

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