CLT
 

VAT on Land and Development for Housing Associations
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COURSE OBJECTIVES: The course is designed to unravel the complexities of VAT as it applies to land and property transactions involving housing associations. As transactions usually involve large sums and VAT recovery is often significantly restricted, understanding is crucial for all key housing association staff, especially those working in development or finance.


At the end of the course, participants will understand how VAT applies to most typical land and property transactions involving housing associations and some unusual ones. They will also have an appreciation of some of the strategies that can be used to effect VAT savings.


COURSE CONTENT


Specifically, the course will include:


  • Definitions of key terms, such as ‘dwelling’, ‘relevant residential purpose’, ‘relevant charitable purpose’ and ‘option to tax’

  • The VAT treatment of typical schemes and transactions applicable to housing associations

  • The impact of land and property transactions on VAT recovery, including interaction with partial exemption

  • VAT planning strategies including the ‘golden brick’ scheme and development companies

  • Land and property transactions subject to the capital goods scheme


WHO SHOULD ATTEND


  • Housing association finance staff at all levels, whether or not they have responsibility for completing VAT returns

  • Development staff who often have to make key decisions with significant VAT implications before finance staff are involved

  • Those who work with or advise housing associations


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


Nick Lawrence spent several years with HM Customs & Excise in the UK, specialising in partial exemption, before joining a medium sized accountancy firm in 1988 where he advised on all aspects of VAT and was latterly chairman of the national VAT committee. In January 1995, he started his own business, working from home. Nick has provided regular consultancy and training services to a wide range of clients in the UK and abroad. He has particular expertise in partial exemption, land and property, charities and social housing. Nick has also lectured extensively on VAT issues around the world and assignments have included the USA, Canada, Vietnam, Nepal, Sweden, Hungary and the Netherlands, as well as the UK. Nick was also the author of two books on VAT and served on the Editorial Board of the International VAT Monitor published by the International Bureau of Fiscal Documentation based in Amsterdam. Nick has an honours degree in Spanish with Portuguese from the University of Birmingham (2:1) and also ha
Fees (ex VAT)

Member Fee £150.00

Non Member Fee £275.00
Locations & Dates
13/11/2012 - London (02:00 pm - 05:15 pm)   Speaker & Venue Details BOOK >>