08 September 2010, 13:43 (GMT+1)
VAT and property is complicated. When land or buildings are bought, sold, refurbished or redeveloped, different VAT rates can apply or the sale may be exempt. Mistakes can be expensive. Incorrect VAT treatment equals wasted development budgets, whereas correct VAT treatment means the maximisation of development opportunities.
VAT Property Solutions is an online service tailored to the needs of professionals operating within the property sector. Use VAT Property Solutions throughout the planning process to:
A free 30 day trial is available subject to prior registration. Full registration entitles users to:
*Advice is by telephone or email and covers individual queries of up to 15 minutes
Ad hoc and project specific advice is also available on a time cost basis.
User instructions
Registered users should login first using the login box top left. If you have not yet registered please register here. Once logged in you will be taken to the VAT Decision Tree. You can select other sections from the left navigation menu.
In case of uncertainty, please refer to the glossary for relevant definitions or call 4 Eyes Ltd for assistance.
========= Disclaimer =========
VAT Property Solutions is to be used for guidance purposes only. VAT Property Solutions is intended to give a summary of the probable VAT treatment based on the current understanding of 4 Eyes Ltd of statute, HMRC guidance and relevant case law. It may not be exhaustive to cover every possible scenario and in case of uncertainty, advice must always be taken from 4 Eyes Ltd before proceeding. VAT Property Solutions does not advise on unusual tax planning or tax structures designed to mitigate or avoid VAT.
All users must first be registered with 4 Eyes Ltd. Whilst every care is taken to ensure that the information is correct and up-to-date no liability can be accepted for reliance on this website unless advice is first confirmed with 4 Eyes Ltd. Moreover, land and property is a complex area of VAT law and is subject to frequent change. Users of VAT Property Solutions should ensure that they obtain the most up-to-date summary of probable VAT treatment available from VAT Property Solutions and advice is date stamped accordingly. No liability will be accepted where a user relies on out-of-date advice which has been updated or replaced at the time the VAT liability is incurred.