Does Greene King operate the pub or does it let the pub to somebody else who runs the pub business? If the latter then the transfer would not be capable of TOGC treatment because Greene King's business would be one of property letting and you would not be taking over that business.
If Greene King have opted to tax the property then you can ensure that the transfer is not capable of TOGC treatment by not opting to tax and not giving an Article 5(2B) notice.
VAT ON PUB DO I HAVE TO PAY?
12 posts • Page 2 of 2 • 1, 2
Re: VAT ON PUB DO I HAVE TO PAY?
by section 44 on Mon Sep 19, 2011 10:47 am
- section 44
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Re: VAT ON PUB DO I HAVE TO PAY?
by muchenje on Mon Sep 19, 2011 11:43 am
Yes G.K. hve a short term tenancy agreement so I guess this is why they say NO to TOGC route. i wish to go this route to save the hassle of paying out Vat and then trying to claim back once registered
- muchenje
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- Joined: Mon Sep 19, 2011 9:40 am
12 posts • Page 2 of 2 • 1, 2
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