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Far reaching Vat decision

Language: English Series: Estates Times ; (861) 12/9/86 p16Publication details: 1986Subject(s): Summary: The decision of a VAT tribunal to charge Gleneagles Hotel plc £180,000 VAT on £1.4m received from its landlord, St. Martins Property Group, has far reaching implications for property development transactions.

The decision of a VAT tribunal to charge Gleneagles Hotel plc £180,000 VAT on £1.4m received from its landlord, St. Martins Property Group, has far reaching implications for property development transactions.