Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration
Home Saved articles Viewed items Login Contact Free Trial Advertise View virtual issue View online issue

Share alike

25 September 2012
Issue: 4372 / Categories: Forum & Feedback , VAT
A husband and wife carry on their separate, unrelated businesses from their home. The wife’s business is VAT registered, but with no income tax liability, while the husband is not VAT registered, but is liable to income tax. Can the benefit of a VAT reclaim and capital allowances be split between them in the most beneficial way?

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon