Working in tax for nearly 40 years and having been a Chartered Tax Adviser for more than 20, I believe I offer my clients the expertise and specialist knowledge needed to get to grips with and solve even the trickiest VAT issues.
More than one way to skin a cat? Recently an enquiry from a client highlighted the importance of thinking laterally in relation to VAT reliefs. The client in question was a farmer who was extending and converting a garage attached to his farmhouse. He was seeking to create a separate dwelling for his parents, who
“The 2(c) test” The construction of a new house is zero-rated for VAT purposes when the house falls within the statutory definition of a building “designed as a dwelling”. In particular, VAT Act 1994, Schedule 8, Group 5, Note 2(c) means there cannot be zero-rating unless “the separate use, or disposal of the dwelling is
In September 2013 I outlined the bizarre way that the VAT treatment of building conversions can vary according to how you divide up an existing building. I took the common situation where a builder or developer converts a pub with a first-floor manager’s flat into dwellings, with a view to an onward sale. Assuming the
VAT registration and the capital goods scheme The European Court has always held that the VAT system is designed to relieve businesses of the burden of VAT incurred in the course of their economic activities. That includes things they do prior to trading, such as buying assets, including land and buildings (see Rompelman, Case 268/83).