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Readers' forum - Debenhams dilemma

02 March 2006
Issue: 4047 / Categories: Forum & Feedback

As a 'Debenhams' rebel, whenever I paid for goods by credit card, I always crossed out the declaration purporting that I agree to 2.5% of my payment going to a financial services subsidiary of the retailer. I have been particularly astute to do this when purchasing goods for my practice as I would want the full input tax recovery.

As a 'Debenhams' rebel whenever I paid for goods by credit card I always crossed out the declaration purporting that I agree to 2.5% of my payment going to a financial services subsidiary of the retailer. I have been particularly astute to do this when purchasing goods for my practice as I would want the full input tax recovery.
However between the decision of the High Court and the Court of Appeal I underclaimed my input tax by 2.5% because as I understood it the High Court had said my protest was of no effect. Now the Court of Appeal's decision seems to suggest that my protest was wholly unnecessary.
Does this mean that I can now seek a repayment of my full input tax notwithstanding invoices from retailers stating that only 97.5% of my purchase was subject to tax? And how...

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