First Choice Holidays, advised by KPMG, won an important VAT Tribunal case this week. Other tour operators may wish to lodge protective claims, in case Customs bring forward a change in the law. Speak to your usual KPMG tax contact for further details.
This article is intended to provide a general guide to the subject matter and should not be regarded as a basis for ascertaining the liability to tax or determining investment strategy in specific circumstances. In such instances separate advice should be taken.
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