- HM Treasury and HMRC are consulting on a proposed VAT zero rate for sales of land intended for social housing construction.
- The aim is to avoid waiting until projects reach “golden brick” before zero-rating applies, potentially speeding up development and improving cashflow.
- The consultation asks whether qualifying bare land should be eligible for zero-rating.
- It closes on 18 August 2026.
- Housing associations, developers, landowners, and advisers should follow the conditions closely, as they will matter as much as the zero rate itself.
Source: deeksvat.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
