UUÂãÁÄÖ±²¥

What are money-off coupons?

Coupons are normally issued in order to give a customer a discount off a future purchase and are often referred to as discount vouchers. The decision in Boots confirmed that money-off coupons are not to be treated as consideration when used to buy other goods but are simply evidence of entitlement to a discount.

Coupons can be issued in a number of ways, including (this list is not exhaustive):

1. •

   when a product is purchased

2. •

   by purchasing goods of a certain value

3. •

   email or other electronic means

4. •

   via the post

5. •

   via magazines or newspapers

The coupons can be issued either by the retailer or the manufacturer.

What is the VAT treatment of the sale and