Developers win holiday property VAT break
Developers win holiday property VAT break
- 1990
- Accountancy Age 11/10/90 p7 .
Looks at the problems of the application of VAT on holiday accommodation following a recent tribunal decision which found that VAT rules did not apply where the supply of a venue for holiday purposes could be distinguished from any supply of accommodation from that facility. Customs and Excise is expected to review its present rules.
TOURISM
Looks at the problems of the application of VAT on holiday accommodation following a recent tribunal decision which found that VAT rules did not apply where the supply of a venue for holiday purposes could be distinguished from any supply of accommodation from that facility. Customs and Excise is expected to review its present rules.
TOURISM