Treasury is going to waive the VAT on this weekend's Manchester benefit gig, I'm told
— Jennifer Williams (@JenWilliamsMEN) June 2, 2017
Let us trust that HMRC have been informed of this!
Tax does have to be taxing.
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So, as all the tickets rapidly 'sold out' or were aquired by auto-calling by the big ticket companies on the day they were issued how are they going to pay back VAT already charged to the punters?
ReplyDeleteThe treasury makes a donation equivalent to the VAT on the original sale price of the tickets by the charity
ReplyDeleteWell done to Phillip Hammond for making this decision per se. Though as @ 17:31 alludes to, I too am not keen on lowlife scumbag ticket touts avoiding the VAT - it would feel criminal.
ReplyDelete