Higher Education Statistics Agency Ltd v Commissioners of Customs and Excise: QBD 19 Apr 2000

When purchasing a business as a going concern, and land bought at auction was included, then in order to take the land purchase outside the scope of VAT, the ‘option to tax’ election and notification of that election had to be effected before the deposit was paid, and not merely before completion.

Citations:

Times 19-Apr-2000

Statutes:

VAT (Special Provisions) Order 1995 (1995 No 1268)

Jurisdiction:

England and Wales

VAT

Updated: 05 May 2022; Ref: scu.81370