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

Separate EORI number for Northern Ireland required

HMRC have recently confirmed that businesses who import and export goods from Northern Ireland (NI) will need a special Economic Operator Identification Number...

SEE MORE
LATEST NEWS

Belgium force UK companies to engage a fiscal...

The Belgium tax authorities are contacting UK traders who hold a Belgium VAT account to inform them that they have a requirement to appoint a fiscal...

SEE MORE
LATEST NEWS

Fiscal representation not required in France for UK...

The French tax authorities have confirmed that UK businesses will not have a requirement to engage a fiscal representative when the Brexit transition period...

SEE MORE

Gated Content

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