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:
Changes to the VAT Partial Exemption Standard Method
Just before the budget last month, HMRC announced a number of changes to the partial exemption standard method which are worthy of a comment. They apply to VAT returns for periods commencing on or after 1 April 2009. Practical changes for existing partly exempt...
Compound Interest case upheld, Option to Tax rules, Tour Operators Margin Scheme
HMRC have recently issued VAT Information Sheet 06/09 here http://www.hmrc.gov.uk/news/index.htm on their newspage which gives detail about the new automatic permission rules for opting to tax certain properties. See also my blog here https://vatexchange.co.uk/blog/4...
Do I need to register?
Q: I hope someone can help clarify this lingering issue for me. I am about to embark on a new project. I have a UK company which will be buying merchandise from an EU based company and selling to an non-EU company. The merchandise never enters the UK. It is shipped...
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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.