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    Value added tax - Land and buildings - Land and existing buildings - Freehold and leasehold disposals - 84690

    Most sales of existing buildings and land are exempt, subject to the option to tax in certain cases (¶84755). However, there are exceptions for the first disposal of a converted building, or...

    Value added tax - Land and buildings - Land and existing buildings - Freehold and leasehold disposals - The option to tax - Revocation - Cooling off period - 84790

    An option to tax can be revoked, using form VAT 1614, from the date on which it had effect, provided that: - written consent is obtained from HMRC within 6 months of that date; - no use has been...