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VAT men defeated in tax case

Language: English Series: Chartered Surveyor Weekly ; vol 22 no 9 3/3/88 p62-63Publication details: 1988Subject(s): Summary: In Commissioners of Customs and Excise v Faith Construction Ltd QBD 6 November 1987 it was held that a scheme designed solely to avoid the imposition of VAT on building alterations under the Finance Act 1984 , is a single genuine transaction to which the Furniss v Dawson principle is not applicable.

In Commissioners of Customs and Excise v Faith Construction Ltd QBD 6 November 1987 it was held that a scheme designed solely to avoid the imposition of VAT on building alterations under the Finance Act 1984 , is a single genuine transaction to which the Furniss v Dawson principle is not applicable.