VAT to hit land banks
VAT to hit land banks
- 1989
- Estates Gazette no 8907, 18/2/89 p4 .
A report by Richard Ellis claims that under the proposed legislation dealing with the imposition of VAT on property, development sites already owned by developers could also be subject to VAT if the developer does not elect to charge VAT on the sale or rental of the buildings.
COMMERCIAL
NON-DOMESTIC
A report by Richard Ellis claims that under the proposed legislation dealing with the imposition of VAT on property, development sites already owned by developers could also be subject to VAT if the developer does not elect to charge VAT on the sale or rental of the buildings.
COMMERCIAL
NON-DOMESTIC