Compensation Payments: VAT

Part of the debate – in the House of Lords at 3:00 pm on 27 October 2003.

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Photo of Lord McIntosh of Haringey Lord McIntosh of Haringey Parliamentary Under-Secretary, Department for Culture, Media & Sport, Parliamentary Under-Secretary (Department for Culture, Media and Sport) (Media and Heritage) 3:00, 27 October 2003

My Lords, compensation is subject to VAT only in the specific circumstances where something is done in return for the compensation and the recipient is a VAT-registered business.