VAT on rent free periods
VAT on rent free periods
- 1992
- Accountancy Age 19 March 1992, 11(1) .
A VAT tribunal is likely to find that VAT is payable on the notional value of a three year rent-free period. This decision could mean many businesses facing large VAT bills.
NEVILLE RUSSELL V CUSTOMS AND EXCISE COMMISSIONERS
RENT-FREE PERIODS
RIDGONS BULK
VALUE ADDED TAX
A VAT tribunal is likely to find that VAT is payable on the notional value of a three year rent-free period. This decision could mean many businesses facing large VAT bills.
NEVILLE RUSSELL V CUSTOMS AND EXCISE COMMISSIONERS
RENT-FREE PERIODS
RIDGONS BULK
VALUE ADDED TAX