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(iii) Advice in connection with the sale of the manufacturing premises by Tethys Ltd; (7 m

时间:2021-04-25 19:33:11 解答: 79 次

(iii) Advice in connection with the sale of the manufacturing premises by Tethys Ltd; (7 marks)

正确答案:

(iii) Tethys Ltd – Sale of the manufacturing premisesValue added tax (VAT)– The building is not a new building (i.e. it is more than three years old). Accordingly, the sale of the building is anexempt supply and VAT should not be charged unless Tethys Ltd

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