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Understanding VAT on Property, 2nd edition

Understanding VAT on Property, 2nd edition

  • Author:
  • Publisher: Law Society Publishing
  • ISBN: 9781853289941
  • Published In: July 2006
  • Format: Paperback , 328 pages
  • Jurisdiction: U.K. ? Disclaimer:
    Countri(es) stated herein are used as reference only
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VAT can be an extremely complex area to advise on. Continually evolving, it holds many planning opportunities and pitfalls for advisers and property businesses. The second edition of this authoritative book provides a clear guide to the legislation, explaining how it applies to every type of property development and transaction.

Fully revised, updated and expanded, the book:

  • includes over 60 Tribunal cases
  • covers legislative developments including new TOGC conditions and changes to VAT groups, partial exemption, tax points for construction services and certificates for charity use buildings
  • offers a new case digest including the ECJ decision on Halifax Plc
  • focuses on HMRC policy decisions since 2002
  • contains extracts from legislation with consolidated amendments
  • features two new chapters dealing with charity buildings and protected buildings.

Written by an experienced VAT consultant, this book includes pertinent examples from practice to illustrate the issues covered.

1. General principles; 2. Commercial property; 3. Residential property; 4. Construction services;5. Charitable use property;6. Listed and other protected buildings; 7. Business sectors. Appendices: A. Property VAT liabilities - quick reference table;B. Table of main changes in land and property VAT law since 1 April 1989; C. Draft clause for transfer of a going concern;D. Extracts from HMRC business briefs; E. Glossary of terms.

David Jordan is an independent VAT consultant with many years' experience, including 14 with Customs. He is co-author of Croner's A-Z of VAT, and regularly contributes to professional journals and seminars on VAT.

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