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:
Customers to pay VAT on construction services?
One of the most recent announcements from HMRC has been a consultation about SIGNIFICANT changes to the CIS and VAT rules for contractors. The primary aim is to reduce income tax, PAYE and VAT avoidance in the construction industry. And one of them includes the...
VAT FOR DIY RESIDENTIAL PROPERTY DEVELOPERS
New e-book now available VAT for DIY residential property developers How to save VAT on self-builds, conversions and renovations If you're planning your own DIY property developments for personal or family use, then you need my new e-book. It explains when you can...
2017 Budget and new VAT Flat Rate Scheme rules
As usual, the 2017 Budget didn't contain much about VAT, although it did include some small but significant changes designed to counter avoidance in specific business sectors. I'm sure you've all had lots of information from your accountants and other tax advisers....
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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.