VAT to hit land banks
Language: English Series: Estates Gazette ; no 8907, 18/2/89 p4Publication details: 1989Subject(s): Summary: A report by Richard Ellis claims that under the proposed legislation dealing with the imposition of VAT on property, development sites already owned by developers could also be subject to VAT if the developer does not elect to charge VAT on the sale or rental of the buildings.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2508-36 (Browse shelf(Opens below)) | 1 | Available | 62389-1001 |
A report by Richard Ellis claims that under the proposed legislation dealing with the imposition of VAT on property, development sites already owned by developers could also be subject to VAT if the developer does not elect to charge VAT on the sale or rental of the buildings.