Market leading insight for tax experts
View online issue

Gateshead Talmudical College v HMRC

Capital goods scheme

In Gateshead Talmudical College v HMRC (TC00541 – 9 June) a college of religious education arranged for the construction of an extension to its premises. In September 1996 it registered for VAT describing its business as property letting’. In November 1996 it leased the extension to a company (S) which leased it back to the college.

 

Both S and the college opted to tax the property and the college claimed a repayment of VAT on the construction costs. HMRC made the repayment. From November 1996 to August 1998 S and the college accounted for output tax on the rental...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top