Loyalty Management UK Ltd v Revenue and Customs Commissioners – Times Law Reports
Loyalty points operator is entitled to VAT credit
Loyalty Management UK Ltd v Revenue and Customs Commissioners
Court of Appeal
“The supply of goods or services made by the dealer or redeemer of consumer loyalty points to the collector or customer was, for the purpose of value-added tax, the supply of goods or services by the dealer to the operator of the scheme, who was therefore entitled to tax credits from the Revenue in respect of that supply or service.”
The Times, 10th October 2007
Source: www.timesonline.co.uk
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