Peugot Motor Company Plc v Her Majesty’s Revenue and Customs: VDT 20 Sep 2005

VDT VALUE ADDED TAX – car manufacturer offering free or low-interest credit – credit provided by finance company to retail customer – subsidy paid by manufacturer to finance company – whether price reduction within principles established in Elida Gibbs – whether subsidy to be deducted from consideration received by manufacturer for supply of car to dealer – no – subsidy consideration for separate exempt supply – appeal dismissed


[2005] UKVAT V19260




Updated: 04 July 2022; Ref: scu.237977