Lyca Mobile loses £51 million VAT appeal over Plan Bundle pricing dispute
Major MVNO Lyca Mobile has lost a £51 million VAT appeal over the sale of its voice, text, and data bundles between 2012 and 2019. A 55-page judgment by the First Tier Tribunal Tax Chamber disagreed with Lyca’s argument that VAT only became payable when the bundle data was used. Lyca had claimed that VAT
Staff Reporter
August 1, 2024