- Go City has had a difficult relationship with HMRC regarding the correct VAT treatment of its London Pass
- In 2019, Go City restructured the London Pass to provide customers with “credits” for entry to sites/activities
- HMRC argued that VAT was due in full on the purchase of the Pass, while Go City contended it was only due when the Passes were used
- The FTT accepted Go City’s arguments that VAT was only payable when credits were redeemed
- The decision also determined that HMRC’s protective assessments were not valid without a determined view on VAT returns.
Source: simmons-simmons.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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