Additional commission earned by mail order company agents

Case Law – Customs and Excise Commissioners v Littlewoods Organisation plc. [2000] BVC 284 ; Customs and Excise Commissioners v Littlewoods Organisation plc; Lex Services plc v Customs and Excise Commissioners; Customs and Excise Commissioners v Bugeja; Kuwait Petroleum (GB) Ltd v Customs and Excise Commissioners. [2002] BVC 71 ; The Littlewoods Organisation plc. [2000] BVC 2,136

Bills of exchange pre-1 April 1996

Legislation/Regulatory – FA96 Sch. 14, para. 10(2)

Differences between discount/interest

Commentary – Tax Reporter ¶327-525
Case Law – TORRENS v. THE COMMISSIONERS OF INLAND REVENUE

Discount card and nature of consideration received for payment of fee

Case Law – Mothercare (UK) Ltd. [1994] BVC 584

Excess received on discharge of promissory note

Case Law – Ditchfield (H.M. Inspector of Taxes) v. Sharp and Ors. [1983] BTC 360 ; Ditchfield (H.M. Inspector of Taxes) v. Trustees of the Orwell Share Settlement. [1982] BTC 39

Excluded from value of supply

Goods and services

Legislation/Regulatory – Dir. 2006/112 art. 79

Imported goods

Legislation/Regulatory – Dir. 2006/112 art. 87

Generally

Commentary – Quick Overview ¶67660 ; Quick Overview ¶8510

Imported goods, value of supply

Exclusion

Legislation/Regulatory – Dir. 2006/112 art. 87

Generally

Legislation/Regulatory – VATA94 s. 21

Income or capital receipts, distinction

– see Capital or revenue receipts; Nature of income/revenue

Meaning

Commentary – Tax Reporter ¶327-475

Prompt payment

Generally

Legislation/Regulatory – VATA94 Sch. 6, para. 4(1)

Output tax

Commentary – Indirect Tax Reporter ¶104 ; Indirect Tax Reporter ¶18-208

Reclaim of overpaid tax

Case Law – Springfield China Ltd. (1990) 5 BVC 556

Tour operator

Case Law – SAGA Holidays Ltd. [2004] BVC 2,200

Value of supply

Commentary – Indirect Tax Reporter ¶14-400 ; Indirect Tax Reporter ¶53-051

Value of supply direction

Case Law – Gold Star Publications Ltd. (1989) 4 BVC 788

Retailer dividends, value of supply

Case Law – Co-operative Retail Services Ltd. [1992] BVC 725

Schemes

Customer rebates and discounts

Commentary – Indirect Tax Reporter ¶11-340

Generally

Commentary – Indirect Tax Reporter ¶49-100

Tax treatment

Legislation/Regulatory – SP 4/97

Transactions, liability to tax

Commentary – Tax Reporter ¶327-500
Case Law – LOMAX (H.M. INSPECTOR OF TAXES) v. PETER DIXON & SON, LTD.

Travel agent for customer

Commentary – Indirect Tax Reporter ¶11-022

Treated as interest

Legislation/Regulatory – ITTOIA2005 s. 381
HMRC Guidance – CFM44180 ; CFM77160 ; SAIM2010 ; SAIM2230 ; SAIM2240 ; SAIM3010

Value of supply

Contingent discount

Commentary – Indirect Tax Reporter ¶14-450
HMRC Guidance – Notice 700

Imported goods

Commentary – Indirect Tax Reporter ¶63-740

Prompt payment discounts

Commentary – Indirect Tax Reporter ¶14-400 ; Indirect Tax Reporter ¶53-051

Staff discounts

Commentary – Indirect Tax Reporter ¶14-500