ECJ decides that card handling VAT exemption is not a separate service when sold with attendance to an event

29 June 2016

The European Court of Justice has stated that VAT exemption cannot be applied to supplies of financial transaction services, such as 'card handling' and 'payment processing'. This will apply If the transactions are handled by agents selling tickets for events on behalf of principals who are organising the event.

This applies even if the agents are charging separately disclosed fees for these services, as they are still considered ancillary to the charge for attending the event.  This decision was taken during the court case Bookit Ltd v HMRC, National Exhibition Centre Limited v HMRC: C-607/14, C-130/15.

LATEST NEWS

Oman introduces VAT from April 2021

In April 2021, Oman became the fourth member of the Gulf Arab states to implement a regional VAT regime.  Oman is part of the six-country Gulf Cooperation...

SEE MORE
LATEST NEWS

German IOSS portal to miss EU e-commerce VAT package...

The German portal to support the EU’s Import One-Stop-Shop (IOSS), will not be ready for the launch of the EU’s e-commerce VAT package on 1 July...

SEE MORE
LATEST NEWS

Canada - British Columbia PST applied on digital...

From April 2021, the Canadian province of British Columbia imposed Provincial Sales Tax (PST) at 7% on income earned by non-resident providers of e-services...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.