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:
Separating businesses to avoid VAT
I’ve had a number of queries recently about splitting up small businesses to avoid being registering for VAT and whether or not HMRC will challenge such arrangements. So I thought it would be useful to explain how the law works and how HMRC respond when they come...
Unjust enrichment and other issues
There is a mix of news from HMRC over the past few days all of which can be found here http://www.hmrc.gov.uk/news/index.htm on their website. On 16 February, HMRC issued a podcast explaining how the new compliance checks which come into effect on 1 April 2009 will be...
Validation of VAT invoice
Hi M, I need to check out whether a VAT registration number quoted by a tradesman is actually valid. I'm sure there was HMCE site which allowed you to plug in the number and get it verified but I may be wrong and I certainly can't find it now. Can you help please ?...
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.