Talktalk Telecom Ltd v Revenue and Customs Comrs

Subject Matter

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)

[2024] UKUT 284 (TCC); [2024] STC 1670; [2024] WLR(D) 409, UT