The Implications of LB Ealing v HMRC (Case C-633/15)

As many may be aware, sporting services provided by an eligible not-for-profit body are treated as VAT exempt. Whilst exempt bodies usually lose entitlement to reclaim their own VAT costs, more often than not, there’s a net commercial and financial benefit from not applying VAT to the supply. Conversely, for-profit providers must charge and account for VAT on their equivalent activities.