John Davison Indirect Tax Partner Baker Tilly continues our series on the various VAT problems of developing a property business. In this article he covers the move to being a property investment company
To understand the position of Albion it is necessary to consider its portfolio. This should be the first action for any advisor when advising a client (see Table 1). Of course a proper examination of a portfolio would be more detailed than this.
Table 1: Current Portfolio
During the recent VAT visit Customs & Excise have indicated that they may require a special method for the extension as the standard method is not giving a fair and reasonable recovery rate. It is used mainly...
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John Davison Indirect Tax Partner Baker Tilly continues our series on the various VAT problems of developing a property business. In this article he covers the move to being a property investment company
To understand the position of Albion it is necessary to consider its portfolio. This should be the first action for any advisor when advising a client (see Table 1). Of course a proper examination of a portfolio would be more detailed than this.
Table 1: Current Portfolio
During the recent VAT visit Customs & Excise have indicated that they may require a special method for the extension as the standard method is not giving a fair and reasonable recovery rate. It is used mainly...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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