Greg Sinfield and Lee Squires consider the Advocate General's Opinion in Littlewoods and the treatment of supplies of phonecards in Lebara, plus the Court of Appeal guidance in AXA and the CJEU judgment in Banca Antoniana.
Compound interest: Littlewoods
On 12 January 2012 the Advocate General (AG) of the CJEU released her Opinion in Littlewoods v HMRC (Case C-591/10) concerning whether taxpayers who have overpaid VAT imposed contrary to EU law are entitled in addition to repayment of the principal amount of VAT to compound interest rather than only simple interest.
The AG held that where VAT is collected contrary to EU law there is a right under EU law...
