Repayment of input tax
Repayment of input tax
- 1992
- Estates Gazette (1992) EGCS 157(2) (12/12/92) .
"Cooper & Chapman (Builders) Ltd v Customs & Excise Commissioners" QBD 27 November 1992. Appeal by the taxpayer against a decision of the VAT tribunal: The Commissioners contended that the company was not entitled to credit for input tax, because although flats being completed were intended as holiday accommodation, when they were still empty and a firm entered into a lease, a difficulty arose because the supply of holiday accommodation was a taxable supply, whereas the granting of a one-year lease of land was not. Appeal dismissed.
CONVERSION
HOLIDAY ACCOMMODATION
HOLIDAY LETTINGS
VALUE ADDED TAX
"Cooper & Chapman (Builders) Ltd v Customs & Excise Commissioners" QBD 27 November 1992. Appeal by the taxpayer against a decision of the VAT tribunal: The Commissioners contended that the company was not entitled to credit for input tax, because although flats being completed were intended as holiday accommodation, when they were still empty and a firm entered into a lease, a difficulty arose because the supply of holiday accommodation was a taxable supply, whereas the granting of a one-year lease of land was not. Appeal dismissed.
CONVERSION
HOLIDAY ACCOMMODATION
HOLIDAY LETTINGS
VALUE ADDED TAX