Loyalty Management UK argues for Redrow on day 2 of Supreme Court hearing

Loyalty Management UK (LM UK) responded to HM Revenue & Customs’ (HMRC) challenge in the Supreme Court today, arguing that the House of Lords’ decision in Redrow has not been overridden by European case law, and therefore the taxpayer is entitled to a full deduction of input VAT on service fees paid to redeemers.
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