Philip Simpson, Q.C. of Tax Chambers, 15 Old Square succeeded before the Upper Tribunal in persuading them to reverse a First-tier decision on face-value vouchers and pre-payments. The Upper Tribunal, reversing the First-tier, held that credits purchased by visitors to a genealogy website, and redeemed when documents on the website are viewed, are face-value vouchers for VAT purposes. In any event, the payment for the credits would not have been a pre-payment in respect of the documents eventually downloaded, so VAT would not have been due until viewing.
The case is here.
[Posted: 22 January 2016]