VAT changes
Language: English Series: Financial Times ; 4/7/89 p8Publication details: 1989Subject(s): Summary: The government has announced that VAT on new construction will be based on the historic cost of the land plus construction costs and not on the open-market value of the land after completion. These changes will benefit banks, financial institutions and private hospitals and schools.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2526-34 (Browse shelf(Opens below)) | 1 | Available | 71554-1001 |
The government has announced that VAT on new construction will be based on the historic cost of the land plus construction costs and not on the open-market value of the land after completion. These changes will benefit banks, financial institutions and private hospitals and schools.