VAT men defeated in tax case
VAT men defeated in tax case
- 1988
- Chartered Surveyor Weekly vol 22 no 9 3/3/88 p62-63 .
In Commissioners of Customs and Excise v Faith Construction Ltd QBD 6 November 1987 it was held that a scheme designed solely to avoid the imposition of VAT on building alterations under the Finance Act 1984 , is a single genuine transaction to which the Furniss v Dawson principle is not applicable.
AVOIDANCE
In Commissioners of Customs and Excise v Faith Construction Ltd QBD 6 November 1987 it was held that a scheme designed solely to avoid the imposition of VAT on building alterations under the Finance Act 1984 , is a single genuine transaction to which the Furniss v Dawson principle is not applicable.
AVOIDANCE