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VAT for commercial lenders

By: Language: English Series: Estates Gazette ; (9033) 18 August 1990, 38-40(3)Publication details: 1990Subject(s): Summary: Reviews the rules introduced by the Finance Act 1989 relating to the VAT treatment of commercial property transactions; the effect of the rules on lenders, VAT refunds, stamp duty , the election of a purchaser to waiver exemption recovery of VAT chargeable on a borrower under a "self-supply", VAT chargeable on the disposal of commercial land .

Reviews the rules introduced by the Finance Act 1989 relating to the VAT treatment of commercial property transactions; the effect of the rules on lenders, VAT refunds, stamp duty , the election of a purchaser to waiver exemption recovery of VAT chargeable on a borrower under a "self-supply", VAT chargeable on the disposal of commercial land .