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:
VAT News May 2016
Another busy month and a few important things from HMRC. Conversions into dwellings under new "Permitted Development Rights" ("DLR") rules Important news for DIY house converters and property developers HMRC has confirmed new guidance about the zero-rated sales of...
HMRC webinars
Whether you're starting out or just need a bit of a refresher about specific VAT subjects, you might want to check out HMRC's live webinars at https://www.gov.uk/government/news/webinars-emails-and-videos-on-vat. There are some very useful subjects, including VAT...
Property development: Three key steps to calculate the VAT cost
Property development: Three key steps to calculate the VAT cost: In this blog, I'm going to explain how to calculate the "VAT cost" of your property development by applying three key steps. The "VAT cost" is the difference between the amount you pay on your costs and...
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.