Rent-free but not tax-free?
Mainprice, H.
Rent-free but not tax-free? - 1992 - Taxation 129(3365) 6 August 1992, 455-456(2) .
Questions the wisdom of the "Ridgeons Bulk Ltd" decision, where the tenant, undertaking repairs to the property in return for a peppercorn rent on a lease granted by its parent company, was found to be making a supply of building works to the lessor and therefore was liable for VAT on the rent as payment for this supply.
NEVILLE RUSSELL V CUSTOMS & EXCISE COMMISSIONERS
RENT FREE PERIODS
REPAIRS
RIDGEONS BULK LTD V CUSTOMS & EXCISE COMMISSIONERS
SUPPLY
TENANTS
VAT TRIBUNALS
VALUE ADDED TAX
Rent-free but not tax-free? - 1992 - Taxation 129(3365) 6 August 1992, 455-456(2) .
Questions the wisdom of the "Ridgeons Bulk Ltd" decision, where the tenant, undertaking repairs to the property in return for a peppercorn rent on a lease granted by its parent company, was found to be making a supply of building works to the lessor and therefore was liable for VAT on the rent as payment for this supply.
NEVILLE RUSSELL V CUSTOMS & EXCISE COMMISSIONERS
RENT FREE PERIODS
REPAIRS
RIDGEONS BULK LTD V CUSTOMS & EXCISE COMMISSIONERS
SUPPLY
TENANTS
VAT TRIBUNALS
VALUE ADDED TAX