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Buy custom The VAT categorisation problem - The Card Protection Plan

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Topic: Miscellaneous
Number of pages / Number of words: 5 / 1230
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While CPP would be able to recover VAT on which it was charged, i.e computer equipment and other services, the decision of the VAT tribunal to uphold Customs' view was a considerable disadvantage to CPP and its customers. This is especially true ?since the block policy premium constitutes a significant expense for the company, and that premium does not carry VAT' (Pincher 2001)...


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This is especially true ?since the block policy premium constitutes a significant expense for the company, and that premium does not carry VAT' (Pincher 2001). Fundamentally, CPP's VAT cost would be undoubtadly substansive,

moreover, it was likely to have been the customers that took the brunt of the cost through higher prices...


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