This is a difficult area from a VAT perspective and key to managing VAT is considering VAT upfront.
Common areas we advise on include:
- Commercial property development and VAT
- Residential property development and conversion
- Option to Tax
- Reduced or zero rate activity
- DIY builder scheme
- Transfer of a Going Concern analysis
- VAT place of supply rules – land related transactions?
- UK Domestic Reverse Charge for construction services