Property lets zero-rated
Property lets zero-rated
- 1991
- Accountancy 14 February 1991, 6(1) .
A VAT Tribunal ruled that letting of a domestic property before its sale did not alter a housing association`s ability to recover VAT incurred in construction costs, thus overturning a Customs & Excise policy of April 1989.
CONSTRUCTION COSTS
A VAT Tribunal ruled that letting of a domestic property before its sale did not alter a housing association`s ability to recover VAT incurred in construction costs, thus overturning a Customs & Excise policy of April 1989.
CONSTRUCTION COSTS