Commentary

V4.113F Supplies in relation to land excluded from exemption—holiday accommodation

Part V4 Exemption, zero-rating and reduced rates

V4.113F Supplies in relation to land excluded from exemption—holiday accommodation

V4.113F Supplies in relation to land excluded from exemption—holiday accommodation

For details of the reduced rate which applies between 15 July 2020 and 12 January 2021, see V4.425.

The following supplies are excluded from exemption:

  1.  

    (1)     The grant of any interest in, right over, or licence to occupy, holiday accommodation1.

  2.  

    (2)     The grant of a major interest in all or part of a building designed as one or more dwellings2, or of its site, by a person constructing the building which is excluded from zero-rating as a result of VATA 1994, Sch 8, Group 5, Note 1, ie:

  3.  
    1.  

      •     the interest granted is such that the grantee is not entitled to reside in the building or part throughout the year

    2.  

      •     residence there throughout the year is prevented by the terms of a covenant, statutory planning consent or similar permission, or

    3.  

      •     use of the building or part as the grantee's principal private residence is prevented by the terms of a covenant, statutory planning consent

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