VAT on Land, Property and Construction
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Very enjoyed and with great content.
← | →
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Great content and remarkable speaker. I liked the fact we followed slides.
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Course
In City of London
Description
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Type
Workshop
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Location
City of london
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Class hours
6h
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Duration
1 Day
A complex area of VAT where errors are easily made, often impossible to correct and can lead to unanticipated costs and penalties. This covers the VAT rules for commercial, charity and residential construction, refurbishment and supply, as well as common supplies between landlords and tenants. A good basic knowledge of VAT is assumed.
Facilities
Location
Start date
Start date
About this course
This course is for all businesses and organisations (especially those that are partially exempt) involved with land and property services and transactions.
Reviews
-
Very enjoyed and with great content.
← | →
-
Great content and remarkable speaker. I liked the fact we followed slides.
← | →
Course rating
Recommended
Centre rating
Katrina Dwyer
Emile Meara
Subjects
- Taxation
- Transactions
- VAT
- Tax Law
- Tax Calculation
- Taxation Law
- Business Taxation
- Construction
- Property
- Construction Training
- Tax
- VAT management
- VAT Planning
- Zero Rate
Teachers and trainers (1)
Gwen Ryder
Teacher
Gwen has been a VAT and customs duty specialist and lecturer for her entire career. She worked in H M Customs (now HM Revenue and Customs) for 9 years before joining the “Big 5”. She subsequently became the VAT and Customs Partner in a top 20 firm, and then formed her own consultancy practice in 2003. Gwen is an Associate of, and former examiner for, the Institute of Indirect Tax, and a member of the Customs Practitioners Group and The VAT Practitioners Group.
Course programme
Construction
- New commercial buildings, residential, relevant residential and charitable buildings
- VAT traps that prevent zero rating
- Changes to statutory planning consents
- Mixed developments – how to apportion
- Building materials and fixtures
- Building contracts, tax points and payments
- Anti-avoidance measures
Conversions and refurbishment
- Zero-rated conversions
- The 5% VAT rate for refurbishments and changes to the number of dwellings
Land and property supplies
- Sales and leases of new commercial, residential, relevant residential and relevant charitable buildings
- Licences to occupy land
- Exclusions from exemption
- Inadvertent exempt supplies and input tax apportionment
The VAT option to tax
- Benefits and how to avoid mistakes
- Automatic and permission options and how to apply to HMRC
- Disapplication of the option to tax, the effect on VAT recovery, and anti-avoidance measures
Supplies between landlords and tenants
The VAT capital goods scheme
Transfers of a going concern
VAT planning
VAT on Land, Property and Construction