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:
Drop-Shipping
Q: Dear Marie, I'd appreciate your input on the following scenario: 1) UK customer ('A') orders goods from a UK entity ('B'). 'B' places the order with a Chinese supplier and requests that the goods are drop-shipped directly to 'A'. Both UK entities are VAT...
New business and a sub-contractor – help appreciated
Q: Hi All I recently incorporated a limited company to carry out drainage services to homes and commercial properties. This company is not VAT registered as it really hasn't started to get off the ground. Having said that, last week I went to price works at a...
Splitting a business
Q: My daughter has Gents and Ladies hair salon,gross takings approx £85K over the past 12months.She has already had a letter from Inland Rev about VAT. Her ex-husband who works for an accountants, has set up up a Ltd company for the Ladies.(this is the 3rd one he has...
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.