Accounting for VAT on rents
Accounting for VAT on rents
- 1995
- Times 23 February 1995, 38(1) .
"Sargent v Commissioners of Customs and Excise" CA 16 February 1995. A receiver appointed under Law of Property Act 1925 had a duty to account to the Commissioners for VAT on rents from mortgaged property and not to use it in discharge of debts to the bank.
DEBTS
INCOME
LAW OF PROPERTY ACT 1925 S109(8)
LAW OF PROPERTY ACT 1925
MORTGAGED PROPERTY
RECEIVERS
RENTS
TAXABLE PERSON
VALUE ADDED TAX (GENERAL) REGULATIONS 1985
VALUE ADDED TAX
"Sargent v Commissioners of Customs and Excise" CA 16 February 1995. A receiver appointed under Law of Property Act 1925 had a duty to account to the Commissioners for VAT on rents from mortgaged property and not to use it in discharge of debts to the bank.
DEBTS
INCOME
LAW OF PROPERTY ACT 1925 S109(8)
LAW OF PROPERTY ACT 1925
MORTGAGED PROPERTY
RECEIVERS
RENTS
TAXABLE PERSON
VALUE ADDED TAX (GENERAL) REGULATIONS 1985
VALUE ADDED TAX