Value added tax - Land and buildings - Land and existing buildings - Freehold and leasehold disposals - The option to tax - Unaffected supplies - 84765

    The option to tax has no effect on the following supplies: Supply Further information Any supply of a dwelling or relevant residential property A sale of property which is treated as the transfer...

    VAT trap when selling your business premises

    When you bought your current premises you reclaimed the VAT included in the purchase price. Now you’re moving to bigger premises and selling the old property how should you handle the VAT?