VAT briefing option to tax land and buildings
Language: English Series: Property Forecast ; 11(9) September 2008, 14-15(2)Publication details: 2008Subject(s): Summary: Article looks at the 1 June 2008 introduction of the new VAT option to tax regime. Explores key changes (including the option to opt to tax all interests in land or buildings through and Real Estate Election, as an alternative to taxing on a property to property basis). The author also addresses key practicalities of selling or letting under the new regime and states that the new rules create a more level playing field between landlord and tenant, in addition to greater flexibility.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L145513 (Browse shelf(Opens below)) | 1 | Available | 145513-1001 |
Article looks at the 1 June 2008 introduction of the new VAT option to tax regime. Explores key changes (including the option to opt to tax all interests in land or buildings through and Real Estate Election, as an alternative to taxing on a property to property basis). The author also addresses key practicalities of selling or letting under the new regime and states that the new rules create a more level playing field between landlord and tenant, in addition to greater flexibility.