VAT on new construction

VAT on new construction - 1989 - HM Customs and Excise News Release no 12/89 10 March 1989 1 page .

The Customs and Excise Commissioners have announced a change to the draft legislation published on 6 February. This change will give effect to the original intention of the draft legislation as regards liability to VAT of sales of some new buildings which cease to be zero-rated from 1 April.