The fiscal theme park's hazards

Davison, J.

The fiscal theme park's hazards - 2002 - Estates Gazette (0211) 16 March 2002, 144-146(2) .

Looks at the changing world of property VAT and explains that ignorance of the law is not a valid excuse as far as Customs & Excise are concerned. The article discusses the issue of VAT avoidance; considers the area of VAT liability; premiums surrenders and reversals and problems that can arise from electing to waive exemption.


VALUE ADDED TAX
VAT LIABILITY
PREMIUMS
VAT AVOIDANCE
HM CUSTOMS AND EXCISE
CAR PARKS
SURRENDERS
REVERSALS