Property Development VAT

Whether you’re a building contractor, first-time developer or a seasoned pro, VAT Exchange can help to make sure you don’t pay more VAT than you need to.

We Are Always Here to Help!

We can discuss your situation free of charge and explain the main principles that apply to you. If you want written advice, then our charges begin at £77 plus VAT for the first hour’s introductory service.

And if you need more detailed advice, we can discuss further costs at that time.

So feel free to contact us – there’s no charge for asking a question!

The VAT implications of property transactions – from construction services to leases and freehold sales – are complicated, for even relatively simple developments.

Our aim is to help you minimize the overall VAT cost and manage the VAT issues with our 3 step process:

  • starting with establishing the VAT liability of the final sale or rental of the new, converted or refurbished property;
  • save VAT on costs with reduced or zero-rated construction services;
  • claim as much VAT as possible from HMRC;

and help you to avoid unexpected VAT bills from HMRC or contractors.

Sadly, far too many people get this wrong (especially small and DIY developers) and HMRC will never tell you if you’ve made a mistake and overpaid VAT.

So if you’re planning a development and need help with the VAT issues, email me marie@vatexchange.co.uk to arrange your free, no obligation discussion.

Check out our VAT for Property Development books:

Latest from the blog:

Not another VAT newsletter; September 2020

Hi there Lots of everyday VAT issues this month. Stamp duty and VAT: Revenue & Customs Brief 20/11  https://tinyurl.com/y32bdmzb contains guidance for landlords when the terms for leases with existing clients are varied.  Very helpful guidance at this time when...

What do you do when HMRC gets it wrong?

I'm sure that most of us have received a decision from HMRC about tax that we feel is wrong. You may think that a similar business is paying less VAT, or you may disagree with HMRC’s interpretation of the rules; or in some cases you feel that they have just given you...

VAT and the reduced rate for residential renovations

The most common query I receive about VAT and residential renovations is if/how you, as the property owner, get the 5% reduction for goods and materials. Unfortunately, you can't.  This is because the 5% ONLY applies to goods and materials that are supplied and...

Contact Us

We're here to help and always happy to have a chat about your VAT needs.

Remember: the initial discussion is free, so get in touch and let's talk.

marie@vatexchange.co.uk

07955 704228

M-F: 10am-6pm, S-S: Closed

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