Bridging the gap
Bridging the gap
- 1996
- Taxation 136(3544) 29 February 1996, 566(1) .
"Customs and Excise Commissioners v University of Wales College, Cardiff". Appeal against VAT tribunal decision in favour of U`s claim for 93% of the input tax on the construction of two buildings spanning different VAT rules. C`s assessment of 51% allowed under the argument that the case should be viewed on the facts existing at the time the input tax was incurred.
APPORTIONMENT
INPUT TAX
LEASEBACK
VALUE ADDED TAX
"Customs and Excise Commissioners v University of Wales College, Cardiff". Appeal against VAT tribunal decision in favour of U`s claim for 93% of the input tax on the construction of two buildings spanning different VAT rules. C`s assessment of 51% allowed under the argument that the case should be viewed on the facts existing at the time the input tax was incurred.
APPORTIONMENT
INPUT TAX
LEASEBACK
VALUE ADDED TAX