John Davison indirect tax partner Baker Tilly continues our series on the various VAT problems of developing a property business. In this article he covers the development of the new site
This is the second part of the series of articles following the development of a property company — Albion Trading Company Ltd (Albion). So far Albion has expanded from their initial premises and moved into a new site at the Hawthorns Industrial Estate on 1 July 2002 cost £254 100. Albion is going to develop this for its taxable business (import and export of goods) and also its exempt treasury function.
Site Development
Initially all the business was conducted from the warehouse ...
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John Davison indirect tax partner Baker Tilly continues our series on the various VAT problems of developing a property business. In this article he covers the development of the new site
This is the second part of the series of articles following the development of a property company — Albion Trading Company Ltd (Albion). So far Albion has expanded from their initial premises and moved into a new site at the Hawthorns Industrial Estate on 1 July 2002 cost £254 100. Albion is going to develop this for its taxable business (import and export of goods) and also its exempt treasury function.
Site Development
Initially all the business was conducted from the warehouse ...
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:
