The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides a summary of the different option to tax forms that exist.
Please note that HMRC has made some temporary changes to notifying an option to tax during the COVID-19 (coronavirus) outbreak (notably extending the deadline for notification from 30 to 90 days). These changes aren’t covered in this guidance note; but for details, see the Tolley Guidance COVID-19 toolkit .
As there are a considerable number of forms relating to the option to tax, a list of the various forms, together with an explanation on when the form should be used, has been provided below. A link to a blank form has also been included.
**Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason.
Access this article and thousands of others like it free for 7 days with a trial of TolleyGuidance.
Read full article
Already a subscriber? Login
To view our latest tax guidance content, sign in to Tolley Guidance or register for a free trial.