The WLR Daily case summaries
[2024] WLR(D) 409
Upper Tribunal
Talktalk Telecom Ltd v Revenue and Customs Commissioners
[2024] UKUT 284 (TCC)
2024 June 10, 11; Sept 12
Upper Tribunal Judge Greg Sinfield
Revenue— Value added tax— Taxable amount— Provision reducing amount of consideration on which VAT due where services supplied on terms allowing for prompt payment irrespective of whether prompt payment actually made— Company offering customers discount if bill paid within 24 hours of receiving offer— Discount not included in original terms and conditions and no amended version sent to customers with offer— Whether under prompt payment provision VAT chargeable on discounted amount regardless of whether payment made within 24 hours—
Value Added Tax Act 1994 (c 43), Sch 6, para 4(1)