Building a new flat – can it be zero-rated?

Building a new flat - can it be zero-rated? You own a block of flats and want to increase the number of flats in the block. What can you do? You could rearrange the number of flats in the block so you have more smaller flats. Might go down badly with current tenants and may be less attractive to new tenants. How about adding a new flat on the top … [Read more...]

Where is the place of supply of goods?

Where is the place of supply of goods? I was asked about the VAT treatment of a supply of goods made by a supplier in another EU member state to a UK business customer. The odd thing was that the invoices had VAT at 20% on them. The place of supply of goods is usually where the goods are when they are made available to the customer. This is … [Read more...]

VAT’s the difference between a care home and a hospital?

VAT’s the difference between a care home and a hospital? Recently HMRC published a Revenue & Customs Brief on its policy concerning the zero-rate for new buildings intended for a relevant residential purpose as care homes. Following the First-tier Tribunal decision in Pennine Care NHS Trust HMRC has reviewed its policy on when the zero-rating … [Read more...]

A VAT registration loophole?

A VAT registration loophole? A couple of years ago I wrote about whether transfering a business to a different legal entity, e.g. from a sole trader to a company, would reset to zero the turnover count towards the VAT registration limit. At that time my view was that the transfer of a business as a going concern rules prevented this. There were … [Read more...]

Charities – planning for VAT, hoping for none

Charities - planning for VAT, hoping for none It seems amazing that, forty-four years after VAT was introduced in the UK, so many charities - or rather people involved in running them - still appear to think that charties are exempt from VAT. That by some magic the rules on VAT will be lifted so they pay no VAT. Oh! would that that was the case. … [Read more...]

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