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:
Hedging, fund allocation, portfolio protection and VAT
Over recent years, I've attended a few seminars about the subject of property development. These are often run by very successful property developers who have learned how to read the property market very successfully and made a lot of money from their investments. ...
Budget November 2017 VAT announcements
Budget November 2017 VAT announcements See the Chancellor's Budget statement, section 4.18 for more details on specific issues http://tinyurl.com/yb4y77sd Main headlines VAT registration/de-registration limits to remain at current levels (£85k/£83k) for 2 years while...
Paradise Lost and proposals to reduce the VAT registration limit
I recently read an interesting article on AccountingWeb LINK about proposals to reduce the VAT registration limit to a level (not specified) that would bring about an additional 1 million businesses into VAT. The inference was that it could be around the average...
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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.