The scenario is:
Limited company operating vatable business.
Building is purchased with mortgage via either a Top Co or director. This building is the one currently rented by the company. Keen to ensure purchase is a TOGC to avoid a not inconsiderable amount of VAT on the purchase.
Thus, building cannot be within operating company - as there would be no landlord /tenant and hence no TOGC.
If the landlord is Top Co, then could the director claim ER on everything upon disposal?
If the landlord is the director personally (with the mortgage), and receives rent, then presumably ER would be restricted?