H hjrdee Registered User Messages 160 24 Oct 2007 #1 Quick query What vat rate is chargeable if a construction company sell a site. My instinct is 13.5%, similar to a house but just not sure. Thanks hjrdee
Quick query What vat rate is chargeable if a construction company sell a site. My instinct is 13.5%, similar to a house but just not sure. Thanks hjrdee
N Nige Registered User Messages 1,030 24 Oct 2007 #2 It depends on whether or not the site is "developed property" for VAT purposes. If it is, 13.5%, if not, none.
It depends on whether or not the site is "developed property" for VAT purposes. If it is, 13.5%, if not, none.