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Accounting for VAT on rents

Language: English Series: Times ; 23 February 1995, 38(1)Publication details: 1995Subject(s): Summary: "Sargent v Commissioners of Customs and Excise" CA 16 February 1995. A receiver appointed under Law of Property Act 1925 had a duty to account to the Commissioners for VAT on rents from mortgaged property and not to use it in discharge of debts to the bank.

"Sargent v Commissioners of Customs and Excise" CA 16 February 1995. A receiver appointed under Law of Property Act 1925 had a duty to account to the Commissioners for VAT on rents from mortgaged property and not to use it in discharge of debts to the bank.