Tenant assessed for VAT after refurbishment
Tenant assessed for VAT after refurbishment
- 1986
- Chartered Surveyor Weekly vol 17 no 3 16/10/86 p283(2) .
In Gleneagles Hotel PLC v The Commissioners of Customs and Excise , 19 August 1986, the plaintiff tenant disputed the assessment to VAT of a contribution paid by its landlord towards the refurbishment of the Piccadilly Hotel . The London VAT Tribunal considered this to be a supply of services for tax purposes an was chargeable to VAT at the standard rate.
PROPERTY DEVELOPMENT
VALUE ADDED TAX ACT 1983 S3(2)
In Gleneagles Hotel PLC v The Commissioners of Customs and Excise , 19 August 1986, the plaintiff tenant disputed the assessment to VAT of a contribution paid by its landlord towards the refurbishment of the Piccadilly Hotel . The London VAT Tribunal considered this to be a supply of services for tax purposes an was chargeable to VAT at the standard rate.
PROPERTY DEVELOPMENT
VALUE ADDED TAX ACT 1983 S3(2)