We now have a situtation the place where a spouse moved a property that is commercial their spouse. The spouse ended up being Vat Registered, additionally the husband recovered Vat whenever the premises were bought by him. The spouse wass not VAT registered during the right period of the transfer through the spouse.
The income are saying that VAT need been charged regarding the transfer.
We contend that the couple certainly are a “couple” plus the few entity can’t be seperated through the wife and husband. We contend that in the event that purchase have been designed to a third party, then VAT should always be charged, but before the spouse offers to a third party no VAT is chargeable. Continue reading “Don’t find your response? Vat between couple”