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No credit for VAT on incentive

Language: English Series: Times ; 3 July 1997, 47(1)Publication details: 1997Subject(s): Summary: "C&EC v Redrow Group Plc" CA 9June 1997. Appeal allowed by the C&EC against a decision in favour of the taxpayer company (R). R paid the fees of estate agents who sold the existing homes of prospective purchasers as part of a sales incentive. R was not entitled to recover as an input tax credit the VAT paid on the estate agent`s fees.

"C&EC v Redrow Group Plc" CA 9June 1997. Appeal allowed by the C&EC against a decision in favour of the taxpayer company (R). R paid the fees of estate agents who sold the existing homes of prospective purchasers as part of a sales incentive. R was not entitled to recover as an input tax credit the VAT paid on the estate agent`s fees.