VAT and apportionment of rent
VAT and apportionment of rent
- 1991
- Simon`s Tax Intelligence no 20 16/5/91 p485 .
The Law Society has taken the view and Customs and Excise have agreed that apportionments of rent between ven1dor and purchaser do not form part of the sale consideration and are not subject to VAT because the apportionments are not consideration for any supply.
CONVEYANCING
The Law Society has taken the view and Customs and Excise have agreed that apportionments of rent between ven1dor and purchaser do not form part of the sale consideration and are not subject to VAT because the apportionments are not consideration for any supply.
CONVEYANCING