VAT on rent-free periods
VAT on rent-free periods
- 1991
- Estates Times (1121) 22 November 1991, 1(1) .
Customs & Excise is charging VAT on rent-free periods claiming that they are to be treated as similar to reverse premiums and therefore subject to VAT. This thinking goes against "Neville Russell v Customs & Excise" 1987 VATTR 13 194.
CUSTOMS & EXCISE
RENT-FREE PERIODS
VALUE ADDED TAX
Customs & Excise is charging VAT on rent-free periods claiming that they are to be treated as similar to reverse premiums and therefore subject to VAT. This thinking goes against "Neville Russell v Customs & Excise" 1987 VATTR 13 194.
CUSTOMS & EXCISE
RENT-FREE PERIODS
VALUE ADDED TAX