The Law Reports (Queen's Bench Division)
[1989] QB 179
[QUEEN'S BENCH DIVISION]
CUSTOMS AND EXCISE COMMISSIONERS
v.
FAITH CONSTRUCTION LTD.
1987 Oct. 28;
Nov. 6
Nov. 6
Simon Brown J.
Revenue
— Value added tax
— Tax avoidance
— Building contract for works of alteration
— Costs assessed on basis services zero rated
— Legislative change from zero to standard rating
— Agreement for payment of costs before legislation coming into effect
— Costs paid and builder lending equivalent sum to employer
— Whether transaction having commercial or business purpose
— Whether transaction to be disregarded for purposes of tax