VAT on mixed schemes
VAT on mixed schemes
- 2000
- Property Week 65(37) 22 September 2000, 7(1) .
A VAT tribunal ruling involving SEH Holdings could make developers who purchase buildings for residential conversions or mixed-use schemes, eligible to pay VAT. Developers were previously exempt under VAT law which ensures tax is not charged on residential property.
SEH HOLDINGS
RESIDENTIAL CONVERSIONS
DEVELOPERS
MIXED-USE SCHEMES
RESIDENTIAL PROPERTY
VAT RATE
A VAT tribunal ruling involving SEH Holdings could make developers who purchase buildings for residential conversions or mixed-use schemes, eligible to pay VAT. Developers were previously exempt under VAT law which ensures tax is not charged on residential property.
SEH HOLDINGS
RESIDENTIAL CONVERSIONS
DEVELOPERS
MIXED-USE SCHEMES
RESIDENTIAL PROPERTY
VAT RATE