Following a trial, changes to how HMRC acknowledges an option to tax notification will become “business as usual”.
Supplies of land and buildings are normally exempt from VAT. This means that no VAT is chargeable, but the person making the supply cannot normally recover any of the VAT incurred on their own expenses. However, it is possible to opt to charge VAT on land. HMRC has been trialling a new process for notifying an option.
Source ICAEW