A detailed yet practical guide to VAT law and practice applying to construction, land and property matters in the UK and Isle of Man.
Widely recognised as the definitive guide to this complex subject, VAT on Construction, Land and Property is an essential reference work for advisers and businesses alike. Running to more than 1,000 pages, it makes even the most intricate rules accessible, while providing useful reminders of the obscurer points even for the most dedicated specialist.
It tackles the complex technical aspects. VAT on immoveable objects, residential conversion, building materials, relevant residential and charitable VAT, election to waive exemptions, VAT on holiday accommodation plus much more.
VAT on Construction Land and Property comes highly recommended. Here’s what some leading UK VAT practitioners think of it:
Tony Greenman, Group VAT Manager, AXA UK ‘when I need a clear explanation of the intricacies of property VAT, this is where I go’
Colin Smith Indirect Tax Manager, Quintain, ‘this is the first book I turn to when faced with new or complex property VAT issues’
VAT Director, Top 10 Accountancy Firm, ‘an invaluable reference source. The extracts from HMRC Notices and Internal Guidance, together with the commentary inter laced with relevant case law, all in one place, is extremely helpful and gives a useful guide to current thinking and practice’
Director, Big 4 Accountancy Firm, ‘the book provides everything you'd hope for in a guide of this type - plus a bit more. All of the relevant facts, legislation, case law and official statements of practice are there… it’s the only book you need about VAT on property’
Dozens of worked examples, and hundreds of case law summaries, guide the reader through the KEY issues. All aspects of VAT law on property and construction are covered, along with related material on business transfers, partial exemption, avoidance issues, and much more. Extracts from HMRC’s guidance are interspersed with commentary, drawing out both what HMRC really mean, and why they might not always be right. Start taking advantage of this great value VAT service without delay.
- Need a refresher on the residential conversions rules? - Want to check whether an option can be revoked?
- Confused by HMRC’s TOGCs guidance? - Calculating a capital goods scheme adjustment?
- Trying to apply Lennartz? - Works to that listed building, are they zero-rated?
- What exactly did Customs say in that Business Brief? - Checking the contract covers all the points?
- Clear information on VAT RCP annexe, VAT 1614, VAT 1614H and VAT 1614J.
VAT on Construction, Land and Property will save you valuable time and money thanks to the clear VAT guidance and technical advice. Sent straight to your desk throughout the year, the updating issues keep you right up-to-date with the key developments affecting your work, and your client's VAT liabilities.