Property developers beware! It’s easy to think you should get VAT relief when you take an old pub and make 4 new maisonettes. Similarly if you take an old shop with a flat above and make a new pair of semis. Unfortunately the Upper Tribunal decided both projects were outside the relief and VAT could […]
Month: September 2017
Click here to download the ICAEW’s flier for my session tomorrow in Bedford. We’re going to look at what we can learn from recent tribunal decisions and explore why thinking about VAT is always better done sooner. I’m also re-running the session for the ICAEW but in Watford on 12 October 2017.
When deciding how VAT applies to a transaction I always start with asking ‘what is it?’ In theory this tells you whether there’s any VAT relief and generally points to a clear ‘yes’ or ‘no’ answer. However we recently saw a rare event when the tribunal decided the answer was ‘yes yes’. The appeal was […]