VDT CONSIDERATION – Third party Consideration – Retail sales for cheques – Cheques dishonoured – Agreement by retailer with third party guaranteeing cheques – Payments by third party to retailer for dishonoured cheques – Whether third part consideration for supplies to customers – Need for reciprocity – Whether consideration for assignment of debts – Whether compensation – Sixth Dir Art 11A 1(a) – Appeal allowed
Citations:
[2007] UKVAT V20314
Links:
VAT
Updated: 12 July 2022; Ref: scu.262421