Changes are being trialled to how HMRC acknowledge an Option to Tax (OTT). This is a six week trial being run by HMRC Option to Tax Unit that seems likely to affect how everyone handles commercial property transactions going forwards. […]
This is all about VAT for Sports Clubs & charities and the problems faced by CASCs with VAT relief on construction. In two quite separate cases two more sports clubs have fallen VAT victim to the distinction between a CASC […]
We are all undoubtedly living through some trying times so how nice that HMRC are giving us all another helping hand. If you are opting to tax UK property you now have much longer than normal to deal with the […]
If you buy in building work you need to get ready for some radically new VAT rules for building work that are being imposed from [were due to be 2019 but postponed to] October 2020 under the new Domestic Reverse […]
Why make an early VAT plan for UK property? The fact is it’s never too early to think about how VAT is going to work on a property project. This is amply demonstrated by the Glasgow School of Art’s failed […]
‘What is a new building?’ sounds like an incredibly easy question to answer but it has had everyone jumping through hoops for decades. Here we see another decision in the tribunal adressing this old chestnut. Proving yet again that when […]