LON (94/1208)

No. 13,244

Decision given 27 April 1995.

Consideration – Sponsorships money received by organisers of awards – Benefits provided to sponsors – Whether sponsorship moneys formed part of organisers’ turnover – Whether moneys received as consideration for benefits – Value Added Tax Act 1983, s. 3(2)(a) and 10 (Value Added Tax Act 1994, s. 5(2)(a) and 19).

  The issue was whether sums received by the appellants from sponsors of cash prizes were received in return for benefits and formed consideration for taxable supplies

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.