V4.232E Site of a building

This paragraph examines the meaning of the 'site' of a building in the context of zero-rating under VATA 1994, Sch 8, Group 5. For an overview of the scope of zero-rating under this Group more broadly, see V4.231.

Meaning of site—the site of a building (zero-rating)

In Permacross Ltd1 it was held that the words within VATA 1994, Sch 8, Group 5, item 1, allowing the zero-rating of a grant of a major interest in a building 'or its site' by the person constructing (see V4.233–V4.234), are 'plainly intended to include cases in which the site is conveyed to the purchaser before the vendor constructs the intended

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