Understanding VAT on Property

VAT can be an extremely complex area to advise on. This book provides a guide to the legislation, explaining how it applies to every type of property development and transaction. Written by an experienced VAT consultant, it includes examples from practice to illustrate the issues covered.

---

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; and 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.