- The case assessed if Express Brands Ltd was a principal or agent in retail sales for VAT purposes.
- The tribunal ruled that VAT liability depends on the commercial reality, not just contract wording.
- Since the company controlled pricing, bore risk, and dealt with customers, it was deemed the principal.
- Express Brands Ltd was therefore liable for VAT on the full sales value.
Source: deeksvat.co.uk
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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