Exclusions from the exemption from VAT for land and buildings
Produced in partnership with Martin Scammell
Exclusions from the exemption from VAT for land and buildings

The following Tax practice note Produced in partnership with Martin Scammell provides comprehensive and up to date legal information covering:

  • Exclusions from the exemption from VAT for land and buildings
  • Why does this matter?
  • Where are the exclusions relevant?
  • What is the purpose of the exclusions?
  • European provisions
  • New buildings
  • Building land
  • Leasing and letting
  • UK legislation
  • Freehold new buildings and civil engineering works
  • More...

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: What does IP completion day mean for Tax?

Coronavirus (COVID-19): A temporary reduced (5%) rate of VAT applies to supplies of accommodation in hotels, B&Bs, campsites and caravan sites, and of admission to attractions such as cinemas, theme parks and zoos, from 15 July 2020 to 31 March 2021 (extended from 12 January 2021). See News Analysis: Summer economic statement 2020—tax analysis.

This Practice Note is about the exclusions from the VAT exemption for property transactions, and other provisions that interact with them.

The exclusions for parking and storage facilities are fully covered in Practice Notes: VAT treatment of parking facilities and VAT treatment of storage facilities.

Why does this matter?

Most property transactions are only subject to VAT if the seller or landlord has opted to tax (see Practice Note: The option to tax land and buildings). In some cases, however, VAT may be due automatically, whether or not the option has

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