A very taxing question
Murdoch, Sandi
A very taxing question - 2005 - Estates Gazette (0511) 19 March 2005, 179(1) .
Discusses the issue of including or excluding VAT in the calculation of rents based upon turnover in relation to the case "Debenham Retail plc v Sun Alliance and London Assurance Co Ltd" ([2004] EWHC 2940 (Ch)). It depends on the wording of the lease and, in some cases, its age.
DEBENHAM RETAIL PLC V SUN ALLIANCE AND THE LONDON ASSURANCE CO LTD
A very taxing question - 2005 - Estates Gazette (0511) 19 March 2005, 179(1) .
Discusses the issue of including or excluding VAT in the calculation of rents based upon turnover in relation to the case "Debenham Retail plc v Sun Alliance and London Assurance Co Ltd" ([2004] EWHC 2940 (Ch)). It depends on the wording of the lease and, in some cases, its age.
DEBENHAM RETAIL PLC V SUN ALLIANCE AND THE LONDON ASSURANCE CO LTD