The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
The VAT treatment of transactions relating to land and property is very complex. Care needs to be taken when determining the correct VAT treatment. This guidance note is intended to provide you with a brief overview of the main points that need to be considered, as well as links to other guidance notes that provide a more in depth analysis of the points raised.
More detailed information on land and property transactions can be found in VATLP01000
The following section provides a brief overview of the most common types of land and property transactions.
See also VAT and Property, para 2.29.
For VAT purposes, the term 'land' includes any of the following:
A business makes a supply of land if it grants one of the following:
An interest in land includes a 'legal' or
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