Publisher's Synopsis
This new edition has been completely updated to include the first supply rule, the partial exemption rules, and the VAT (Buildings and Land) Order 1992.;"VAT Planning for Property Transactions" brings tax practitioners fully up-to-date with the VAT problems which arise on land transactions, showing them how these problems can be avoided and VAT mitigated. Adopting a transactional, problem-solving approach, it offers imaginative solutions so that you can plan in the most tax efficient manner.;Planning points are stressed throughout with reference to typical transactions and complex problem areas such as the deemed property charge, sale of land as a going concern and reverse premiums are addressed in full.;The text is supported by examples and flow diagrams throughout and appendices include common questions and answers and a tabular guide to the rating of numerous transactions.;A number of key precedents are also included.
