Better news for builders

Better news for builders - 1992 - Taxation 130(3377) 29 October 1992, 107-108(2) .

Summarises recent changes in VAT of interest to the construction industry following two decisions which the Customs and Excise Commissioners will not appeal against. "Customs and Excise Commissioners v Briararch Ltd"; "Customs and Excise Commissioners v Curtis Henderson Ltd" (Abstract 46998) refers to input tax deductions on property transactions. "Customs and Excise Commissioners v Link Housing Association Ltd" (Abs 46997) deals with definition of `persons constructing` as in the VAT zero-rating provisions for house builders. Two extra-statutory concessions have also been issued the first dealing with tenants fitting-out costs and secondly the extension of VAT relief on extractor fans and smoke detectors on new buildings.


CUSTOMS AND EXCISE COMMISSIONERS V BRIARARCH LTD
CUSTOMS AND EXCISE COMMISSIONERS V CURTIS HENDERSON
CUSTOMS AND EXCISE COMMISSIONERS V LINK HOUSING ASSOCIATION
EXTRA-STATUTORY CONCESSIONS
FITTING OUT COSTS
VALUE ADDED TAX
ZERO RATING