VDT LAND AND BUILDINGS – Exemption – Election to waive exemption – Public House – Vendor had elected to waive exemption – Vendor obtained planning permission for conversion to two residences – Sale of building to purchaser who intended to convert building into dwelling houses – Whether building ‘intended for use as a dwelling or number of dwellings’ – Appellant as purchaser had not specifically communicated its intention to vendor – Whether vendor aware of intention – Yes – Election to waive exemption disapplied – Appeal allowed – VAT Act 1994 Schedule 10 para 2(2)(a).
Citations:
[2005] UKVAT V19097
Links:
Jurisdiction:
England and Wales
VAT
Updated: 17 July 2022; Ref: scu.228555