No VAT payable on surrender of lease

No VAT payable on surrender of lease - 1993 - Times 27 December 1993, 28(1) HM Customs and Excise Business Brief (35/93) 20 December 1993, 1-2(1) .

In "Lubbock Fine & Co v Customs and Excise Commissioners" Case C-63/92, the European Court issued a judgement which said the surrender of a property lease was exempt from VAT.


EXEMPTIONS
LEASES
LUBBOCK FINE
SURRENDER OF LEASE
VALUE ADDED TAX