VAT and property management: current details

Abstract

Highlights some issues surrounding the UK value added tax treatment of transactions involving land and buildings. Discusses the problem concerning the making of exempt or partially exempt supplies, the option to waive the VAT exemption in respect of land and buildings, and the scheme designed to deal with changes in the extent of taxable use of significant capital purchases.

Citation

Wells, A.D. (1992), "VAT and property management: current details", Property Management, Vol. 10 No. 3, pp. 241-247. https://doi.org/10.1108/EUM0000000003386