Member Since: 9th Jun 1999
Hi, I am a VAT Consultant, working mainly with charities. I am based in Cambridgeshire
I have over 20 years experience in VAT, and am currently also a part-time member of the Tax Tribunals.
VAT Consultant vatadvice.org
21st Sep 2019
VAT legislation looks at the ‘person,’ not the ‘business.’ So you cannot treat your properties as separate businesses for VAT purposes.
Ideally of course you should have sought advice when you started. Urgently book an appointment with an Accountant or VAT specialist. You should be prepared to invest some money in getting good advice.
19th Sep 2019
Check the guidance on re-registration in VATREG02450.
19th Sep 2019
Your CGS point is correct.
There is a wider partial exemption issue. Normally one off real estate transactions are excluded from a calculation, but if the business is in property development the transaction will probably need not be a one-off. You will need further advice on that point.
18th Sep 2019
Place of Supply of 'General Rule' services is where the recipient belongs, where the recipient is a business person. You will need adequate evidence of their business status. The supply is therefore outside the scope of UK VAT.
The legislation is VAT Act 1994, s7A(2)(a).
16th Sep 2019
The reference to HMRC guidance is Notice 742A, para 3.5. https://www.gov.uk/guidance/opting-to-tax-land-and-buildings-notice-742a...
The landlord is required to honour such a certificate. It may affect his partial exemption position which is perhaps why he is reluctant to accept it.
13th Sep 2019
I echo the previous comments. You should urgently appoint an Accountant!
VAT does not work well when you live in a property before selling it! If you do try to register for VAT HMRC might refuse your registration, or they might reject your VAT claims.
Proper advice at an early stage would avoid all this hassle. You would then not be an idiot!
12th Sep 2019
Para 9A refers to admission to an exhibition, not supplies of exhibition space. It is a fine line, but I think the Place of Supply is where the customer is based, not where the event takes place.
10th Sep 2019
What do the recipients get for their 'sponsorship'?
2nd Sep 2019
So, the Swedish company may need to be registered for VAT in the UK?
29th Aug 2019
“As registered charities we can claim this back.”
Are both charities fully taxable?
The re-charges you describe are taxable. But you should seek broader advice as to the best arrangement.