dear ALL,
Is VAT payable on the purchase of development land in the UK.
VAT on purchasing development land
2 posts • Page 1 of 1
VAT on purchasing development land
by deltaforce1 on Wed Dec 14, 2011 2:48 pm
- deltaforce1
- Posts: 21
- Joined: Wed Feb 23, 2011 2:46 pm
Re: VAT on purchasing development land
by section 44 on Wed Dec 14, 2011 3:09 pm
Yes if the vendor has opted to tax the land and you are not an RSL intending to construct residential buildings on the land, otherwise no.
- section 44
- Posts: 2062
- Joined: Thu Oct 30, 2008 12:47 pm
2 posts • Page 1 of 1
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