VAT and apportionment of rent
Language: English Series: Simon`s Tax Intelligence ; no 20 16/5/91 p485Publication details: 1991Subject(s): Summary: The Law Society has taken the view and Customs and Excise have agreed that apportionments of rent between ven1dor and purchaser do not form part of the sale consideration and are not subject to VAT because the apportionments are not consideration for any supply.| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| News article | London News article | WB2720-66 (Browse shelf(Opens below)) | 1 | Available | 11714-1001 |
The Law Society has taken the view and Customs and Excise have agreed that apportionments of rent between ven1dor and purchaser do not form part of the sale consideration and are not subject to VAT because the apportionments are not consideration for any supply.