Retail offer held to be partly standard rated rather than fully zero rated for VAT

The Upper Tribunal has held that Marks & Spencer’s ‘meal deal’ offer (three food items for £10 plus a free bottle of wine or non-alcoholic equivalent) was a packaged offer the consideration for which needed to be apportioned across all...

VAT on retail promotion schemes

In the case of a retail promotional scheme undertaken by Marks & Spencer plc, the First tier Tribunal (FTT) has held that consideration for the supply must be allocated across all items in the package, rather than treating (in this...