VAT news tagged as "VAT exempt"

Europe

Discount vouchers do not escape EU VAT

November 13th, 2013

The EU has confirmed that paid-for discount vouchers on goods and services are not exempt from VAT. Discount Vouchers not a financial service for VAT Money-off discount vouchers provided for free have not price, and therefore no VAT due. However, face value discount vouchers have a value, and therefore VAT is potentially due. A number …