INPUT TAX – Standard-rated purchase of property by Appellant property development company for conversion and sale for relevant residential purpose – Zero-rated sale of that property – Contract between purchaser and another building company – ‘Management fees’ to be paid by builder to Appellant subject to conditions – ‘Contract’ between builder and Appellant said to be contained in letter proposing terms and inviting agreement – Whether VAT paid on purchase of property claimable as input tax attributable to ‘management fees’ – Whether ‘direct and immediate link’ between VAT on purchase and ‘management fees’ – Whether purchase part of ‘cost component’ of ‘management fees’ – EEC First Directive, Art 2 – EEC Sixth Directive, Art 17 – VATA 1994, ss 24(1), 25(2) – VAT Regs 1995, reg 101(2)
Citations:
[2003] UKVAT V18219
Links:
Jurisdiction:
England and Wales
Citing:
See Also – Silver v Customs and Excise (V18289) VDT 13-Aug-2003
Reasonable excuse appeal . .
Cited by:
See Also – Silver v Customs and Excise (V18289) VDT 13-Aug-2003
Reasonable excuse appeal . .
Lists of cited by and citing cases may be incomplete.
VAT
Updated: 23 October 2022; Ref: scu.221250