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:
Wrongdoings, Yachts, Online Service Events w/c 24 August 2009
HMRC issued R&C Brief 52/09 on 24 August 2009 which gives details of the new VAT and Excise Wrongdoings Penalty that is due to be implemented on 1 April 2010. On 26 August 2009, HMRC issued R & C Brief 56/09 to clarify their position about the VAT issues...
Margin and Qualifying VAT
Q: Can you explain how these two work within import and export please? A: Hi Well it’s a bit of a big topic to cover in a forum reply. The best thing is to tell you where to look for the HMRC published guidance so that you can read up on it yourself to begin with....
Homeserve IPT ruling, s33 and voluntary aided schools; and legal professional privilege
17 August 2009 HMRC has issued R&C Brief 47/09 which confirms that they will not appeal against the ruling in the Homeserve IPT case. R&C Brief 53/09 sets out HMRC's revised policy about VAT recovery by local authorities on expenditure relating to capital...
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.