Rent arrears
Rent arrears
- 1993
- Simon`s Tax Intelligence 17 June 1993, 959(1) .
When a tenant is in default the landlord can, pursuant to the Law of Distress Amendment Act 1908 s6, collect arrears of rent from any subtenant. Any right to recover VAT charged by the superior landlord rests with the tenant and not with the subtenant. The subtenant can only treat as his input tax any VAT charged by the tenant on rents payable under the sublease.
LAW OF DISTRESS AMENDMENT ACT 1908 S6
RENT ARREARS
VALUE ADDED TAX
When a tenant is in default the landlord can, pursuant to the Law of Distress Amendment Act 1908 s6, collect arrears of rent from any subtenant. Any right to recover VAT charged by the superior landlord rests with the tenant and not with the subtenant. The subtenant can only treat as his input tax any VAT charged by the tenant on rents payable under the sublease.
LAW OF DISTRESS AMENDMENT ACT 1908 S6
RENT ARREARS
VALUE ADDED TAX