Missed tax on rent cannot be deducted later
Missed tax on rent cannot be deducted later
- 1992
- Independent 21 October 1992, 27(1) .
In "Tenbry Investments Ltd v Peugeot Talbot Motor Co Ltd" ChD 2 October 1992 it was held that if a tenant fails to deduct from instalments of rent payable to his landlord, the tax for which he is assessable pursuant to Income and Corporation Taxes Act 1988 s349(1), he cannot afterwards deduct it from, or set it off against subsequent instalments.
DEDUCTIONS
INCOME AND CORPORATION TAXES ACT 1988 S349(1)
RENT ARREARS
RENT INSTALMENTS
TAX DEDUCTIONS
In "Tenbry Investments Ltd v Peugeot Talbot Motor Co Ltd" ChD 2 October 1992 it was held that if a tenant fails to deduct from instalments of rent payable to his landlord, the tax for which he is assessable pursuant to Income and Corporation Taxes Act 1988 s349(1), he cannot afterwards deduct it from, or set it off against subsequent instalments.
DEDUCTIONS
INCOME AND CORPORATION TAXES ACT 1988 S349(1)
RENT ARREARS
RENT INSTALMENTS
TAX DEDUCTIONS