The First-tier Tribunal (FTT) has decided that booking fees charged by the National Exhibition Centre Limited (NEC) are exempt from VAT – see National Exhibition Centre Limited v HMRC1.

The NEC ran the box office for events at the National Exhibition Centre and charged various fees when tickets were bought.

The FTT agreed that the NEC received the fees as principal, not as agent for the promoter of the various events at the centre, and that the booking fees were VAT exempt payments for handling debit and credit card payments and not for a wider bundle of services that together were standard-rated, as HMRC had argued.

Click here for the full decision.