HMRC have recently confirmed their stance on ‘lost space’ in relation to the creation of bathrooms using an existing room in a disabled persons home – this was previously known as ‘restitution relief’.
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VAT on residential construction
All posts tagged VAT on residential construction
VAT & Construction Post-Brexit?
by Berthold Bauer on January 17, 2018VAT accounted for nearly a quarter of all UK tax revenues in 2015/2016; so it’s virtually guaranteed it will remain in place after Brexit (VAT in one form or another being in place for many non-EU countries: Switzerland, Norway, Israel & now even the United Arab Emirates).
READ MORE Construction VAT Update: ‘Demolition by stealth’
by Berthold Bauer on May 10, 2017It is common for new builds to either begin life as extensions / partial build – either becoming full demolition by a gradual erosion of the planning process or due to unforeseen structural weaknesses. Zero rating for new builds hinges on the Demolition Test, a key aspect of the test being that planning consent is in place for the full demolition of any existing structures.
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- Autumn Statement 2023: General Indirect Tax Announcements
- Autumn Statement 2023: Announcements impacting the NHS
- Autumn Statement 2023: VAT and Property Announcements
- Plans afoot to remove valuable VAT exemptions for fee paying schools – are you ready?
- HMRC announce further delay to the introduction of MTD for NHS Bodies
- NHS bodies ‘Statement of Practice’ for Partial Exemption
- Cosmetic Treatments are VAT exempt medical services.. aren’t they?
- Spring Budget: VAT for the Healthcare and Medicine Sector
- Spring Budget: VAT for the Building and Property Sector
- HMRC update of COS Heading 65 – Training, tuition or education
