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A very taxing question

By: Language: English Series: Estates Gazette ; (0511) 19 March 2005, 179(1)Publication details: 2005Subject(s): Summary: Discusses the issue of including or excluding VAT in the calculation of rents based upon turnover in relation to the case "Debenham Retail plc v Sun Alliance and London Assurance Co Ltd" ([2004] EWHC 2940 (Ch)). It depends on the wording of the lease and, in some cases, its age.

Discusses the issue of including or excluding VAT in the calculation of rents based upon turnover in relation to the case "Debenham Retail plc v Sun Alliance and London Assurance Co Ltd" ([2004] EWHC 2940 (Ch)). It depends on the wording of the lease and, in some cases, its age.