Dollond & Aitchison loses European court case on Jersey tax loophole

Dollond & Aitchison has lost its European Court case with HM Revenue & Customs relating to the tax it pays on contact lenses imported from Jersey to patients in the UK.

D&A issued a statement saying it was ‘very disappointed’ with the decision handed down by the European Court of Justice yesterday.

It said that the court ruled against D&A’s attempt to recover VAT believed to have been overpaid during the two-year period – July 1999 to June 2001 – when the circumstances of the proceedings existed.

‘The ruling has no financial impact on Dollond & Aitchison as VAT has been fully accounted during this time.’