Treasury relents on VAT

Treasury relents on VAT - 1997 - HM Customs and Excise News Release (5/97) 12 February 1997 Financial Times 13 February 1997, 10 RICS Press Release (PR11) 12 February 1997 (3) Property Week 58 (6) 14 February 1997, 1, 11(4) .

The Treasury has announced changes to the Finance Bill in response to warnings by advisers that attempts to end VAT loophole could cost the property industry £83m a year. RICS comments.


PROPERTY-COMMERCIAL PROPERTY
LOOPHOLE
OPTION TO TAX
VALUE ADDED TAX