VAT Land, Property and Construction
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COURSE OBJECTIVES: This course provides a sounds understanding of the VAT rules in this complex area. A good basic knowledge of VAT is assumed.


COURSE CONTENT


Construction


  • New commercial buildings, residential, relevant residential, and charitable buildings

  • Building materials and fixtures

  • Building contracts, tax points and payments

  • Anti-avoidance measures


Conversions and Refurbishment


  • Zero-rated conversions

  • Protected buildings and approved alterations

  • The 5% VAT rate and what it applies to


Land and Proporty Supplies


  • New commercial, residential, relevant residential and relevant charitable buildings

  • Licences to occupy land

  • Exclusions from exemption

  • Virtual assignments


The VAT Option to Tax


  • The old rules and changes effective from 1 June 2008

  • What an option covers, and how to avoid mistakes

  • Automatic and permission options, and how to apply to HMRC

  • Disapplication of the option to tax, and anti-avoidance measures


Supplies Between Landlords and Tenants


  • Rent free periods, dilapidations, reverse premiums, assignments and inducements


The VAT Capital Goods Scheme


  • What it covers and how it works


Transfers of a Going Concern


  • VAT free treatment for certain land and property transactions


VAT Planning


  • Schemes that must be notified to HMRC

  • The impact of the Halifax decision


WHO SHOULD ATTEND


This course is for all ranges of businesses and organisations (especially those that are partially exempt) involved directly and indirectly with land and property transactions.




"The delivery was excellent and Gwen made the content relevant to each business."


Would you like this course run in-house? Call us on 0207 566 8207 to find out more


Gwen Ryder Gwen Ryder 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. Gwen is the original author of the Cross Border Goods, and International Services, sections of the CCH publication, 'VAT Planning' and the customs duties section of the CCH publication, The Indirect Tax Guide. Gwen advises a wide range of clients on all matters of VAT and Customs duty as it applies in the UK and internationally. She also lectures extensively on these subjects, and is currently acting head of VAT in a top 10 firm of accountants.

Fees (ex VAT)


Member Fee
£315.00

Non Member Fee £575.00
Locations & Dates
22/02/2012 - London (09:30 am - 05:00 pm) Speaker & Venue Details BOOK >>
17/07/2012 - London (09:30 am - 05:00 pm) Speaker & Venue Details BOOK >>
06/11/2012 - London (09:30 am - 05:00 pm) Speaker & Venue Details BOOK >>