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Manx company wins battle to pay less VAT in Camden

The Quarters in London.

A Manx company that rents out apartments in Camden in London has won a battle to pay reduced VAT.

BLS1 owns The Quarters in Swiss Cottage and claimed the luxury building was a hotel rather than residential accommodation.

But the Treasury's Customs and Excise Division charged as though the flats were full-time homes.

BLS1 appealed to Judge of Appeal Cross and Acting Deemster Sinfield - who agreed with the company and granted its appeal.

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