Tax Advisor Services – Property VAT Expert

Linda Johnson London accountant

Our Property VAT Expertise

We advise property developers, property buyers and construction businesses, on:

  • Recovering VAT on incurred VAT on projects.
  • Optimising VAT on the purchase (and sale) of properties.

We’ll help you improve your Property VAT Tax position because we’re more than standard Chartered Accountants.

We can advise across all of your business, and personal, affairs. We’ll optimise your current situation – and help you better plan for your future.

The complexity of the legislation means the many anomalies to the legislation require careful navigation to avoid traps and minimise tax.

Property Complexity

Property VAT is complex:

  • The type of building and its age can impact VAT.
  • The specifics of the usage of residential property require expertise to ensure the best VAT outcome.
  • VAT on a property purchase can substantially increase costs, and financing needs and reduce profits.
  • The VAT rules can allow for the option to enter into the VAT regime. 

Case Study: Holiday Lets

The Problem

Our client had built up a substantial sideline in holiday lets in which his customers booked through his own personal service company.

HMRC told him VAT needed to be charged on the turnover – which would have closed his business.

How We Helped

We reviewed the position and advised that the business was not subject to VAT by virtue of how it provided holidays to its customers.

The result

HMRC accepted VAT did not need to be paid and as a result, our client continues to trade.

Contact us to learn how to plan, reduce or recover property VAT – and increase your profits.