The VAT treatment of goods as non-monetary consideration: the approach taken by courts in the United Kingdom in the light of the general principles established by the European Court of Justice

Deborah Butler,Staffordshire University Law School, U.K.

1. Introduction

Non-monetary consideration can be divided into three main categories: services, vouchers and goods. Issues concerning services and vouchers were considered in two articles published in previous issues of this Journal.1 This article focuses on the VAT treatment of goods as non-monetary consideration.

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