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Musical Chairs

 
Chris Reece brings us more VAT Tribunal summaries. This week he covers 20840 – 20847. These are up-to-date to 4 November 2007
Grant or consideration?
 
The appellant runs various cultural events and activities in Bath including the International Music Festival.
 
The question for the Tribunal was whether payments made to the appellant by the local authority were a grant (outside the scope of VAT as argued for by HMRC) or consideration for supplies of services made by the appellant to the local authority (subject to VAT as argued for by the appellant).
 
In the view of the local authority as endorsed by the Tribunal the distinction between a grant and consideration...
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