Queen’s Bench Division (Crown Office List).

Macpherson of Cluny J.

Judgment delivered 2 December 1994.

Value added tax – Partial exemption – Method of attribution of input tax between taxable and non-taxable supplies – Special method agreed with Customs – Whether special method applied to professional fees incurred in bank’s acquisition of leasing companies to expand its leasing business – Whether purpose of acquisition to use the acquired companies for making taxable supplies of leasing – Value Added Tax Act 1983, s. 14(3) (Value Added Tax Act 1994, s. 24(3)) – Value Added Tax (General) Regulations 1985 (SI 1985/886), reg. 30(1)(b), (5).

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.