01 September 2014

FTT Decision: Bookit Ltd v HMRC

VALUE ADDED TAX – financial transactions – exemption – Article 135(1)(d) Principal VAT Directive – card handling services – nature of services – whether transactions concerning payments – scope of exemption – questions to be referred to the CJEU for a preliminary ruling – whether in any event to be excluded from exemption as debt collection – abuse of rights

Andrew Hitchmough QC & Zizhen Yang, instructed by Ashursts LLP, acted for the Appellant.

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