What happens when you opt to tax (charge VAT on) land and buildings, when you need permission and when to tell HMRC about your decision.
Contents
- 1. Overview
- 2. The scope of an option to tax
- 3. Supplies not affected by an option to tax
- 4. How to opt to tax
- 5. Permission to opt to tax
- 6. Option to tax and VAT registration
- 7. Responsibility for opting to tax
- 8. Revoking an option to tax
- 9. Input tax
- 10. Time of supply (tax point)
- 11. Transfer of a business as a going concern
- 12. Cancel your VAT registration
- 13. Anti-avoidance measures
- 14. Real Estate Election (REE)
- Annex 1
- Annex 2
- Your rights and obligations
- Help us improve this notice
- Putting things right
- How HMRC uses your information
Source gov.uk
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