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Developers win holiday property VAT break

Language: English Series: Accountancy Age ; 11/10/90 p7Publication details: 1990Subject(s): Summary: Looks at the problems of the application of VAT on holiday accommodation following a recent tribunal decision which found that VAT rules did not apply where the supply of a venue for holiday purposes could be distinguished from any supply of accommodation from that facility. Customs and Excise is expected to review its present rules.

Looks at the problems of the application of VAT on holiday accommodation following a recent tribunal decision which found that VAT rules did not apply where the supply of a venue for holiday purposes could be distinguished from any supply of accommodation from that facility. Customs and Excise is expected to review its present rules.