Image from Google Jackets

Societies gain in change on home valuation rules

Language: English Series: Accountancy Age ; 24 October 1991, 6(1)Publication details: 1991Subject(s): Summary: Customs and Excise have granted a concession over VAT charged on home valuation reports thus allowing building societies to save on VAT bills. The exemption allowed on statutory reports under the VAT Act 1983 is being extended to the home purchase category.

Customs and Excise have granted a concession over VAT charged on home valuation reports thus allowing building societies to save on VAT bills. The exemption allowed on statutory reports under the VAT Act 1983 is being extended to the home purchase category.