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Commercial property VAT FRS scheme

Commercial property VAT FRS scheme

Ltd company client has purchased a commercial property

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25th Feb 2016 23:39

connected
Saw a similar case a while ago and the taxpayer was removed from the flat rate scheme as the director had another business well above the FRS threshold. Can't remember details though...

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By cablew
26th Feb 2016 08:32

Thanks for this. It looks like property under the CGS is excluded under FRS6100.

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