VAT will do very nicely, thanks
Language: English Series: Estates Gazette ; (0817) 3 May 2008, 160(1)Publication details: 2008Subject(s): Summary: Considers the circumstances under which the sale of a business is not treated as the transfer of a going concern. The recent VAT case of Tezgel v Commissioners for HM Revenue and Customs can provide useful guidance. Outlines the circumstances of the case. Considers whether arrangements for running a hotel or restaurant constitute leases or management agreements. Underlines areas of sale contracts which need close attention. Considers the period of trading after a sale after which a VAT application can be made.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L143441 (Browse shelf(Opens below)) | 1 | Available | 143441-1001 |
Considers the circumstances under which the sale of a business is not treated as the transfer of a going concern. The recent VAT case of Tezgel v Commissioners for HM Revenue and Customs can provide useful guidance. Outlines the circumstances of the case. Considers whether arrangements for running a hotel or restaurant constitute leases or management agreements. Underlines areas of sale contracts which need close attention. Considers the period of trading after a sale after which a VAT application can be made.