Debt management company likely to win millions in VAT battle

April 2006
Credit Control;2006, Vol. 27 Issue 4/5, p75
Trade Publication
The article reports on the triumph of Baines & Ernst in a Court of Appeal battle with the taxman for the return of three years value-added tax (VAT) payments. The company sought repayment of VAT for the three years from 2000 to 2003, following a VAT tribunal ruling in 2002 that debt management services were exempt for VAT purposes. The taxman argued that, as the debt managers had passed the VAT charges on to customers, to allow the claim would constitute unjust enrichment.


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