Case: Partial exemption costs classification

The Upper Tribunal (UT) has reversed the decision of the First Tier Tribunal (FTT) in the case of Royal Opera House (UKUT0132). The case relates to whether production costs for theatrical (and similar) performances can be apportioned by taking into account the income from refreshment sales, thus increasing the taxable percentage.

While this appears to be about the apportionment methodology, it also makes reference to classification of the costs.