Publisher's Synopsis
This text offers analysis of the application of VAT to commercial property transactions, detailed guidance to the VAT legislation and comprehensive tax planning advice on how to structure property transactions.;This edition has been revised to take account of: reverse premiums and VAT; what is a new building for VAT purposes; abolition of the deemed charge (the self-supply rule); conversion of non-residential buildings into dwellings; stamp duty on VAT; option to waive VAT exemption; separate VAT treatment of this within shopping parades or estates; consolidation of VAT legislation.
