Value added tax (VAT)
Accounting schemes
Agricultural flat-rate scheme
Annual accounting scheme
Cash accounting scheme
Flat-rate scheme for small businesses
Administration
Agents, authority to act
Agricultural flat-rate scheme
Analysis of leasing
Annual accounting scheme
Appeals
Assignment of lease
Basic rules
Blocked input tax
Building services for landlord
Business entertaining expenses
Business premises renovation allowances
Buying property
Capital allowances
Research and development
Capital gains tax
Capital goods scheme
Basics and examples
Computation
Generally
Interaction with capital allowances
Nature of
Part disposals
Property destroyed during adjustment period
Property sold during adjustment period
Repairs and alterations
Car exports
Cars
Advisory fuel rates
Blocked input tax
Mileage allowances
Private fuel scale charges
Cash accounting scheme
Changes in rate
Chargeable consideration
Chargeable gains
Charitable purposes (building used for)
Check you have all the facts
Class 1 and Class 1A exclusion
Commencement/cessation of trade
Commercial property
Option to tax
Residential property (distinguished)
Concept
Contractors
Coronavirus support measures
Country code prefix
Credit system
Criminal offences
Impersonating an officer
Intrastate declarations
Knowingly engaged in fraudulent evasion
Cross-border transactions, special rules for
Generally
Supplies of goods
Supplies of services
‘place of supply' rules
Cumulative effect of errors
Cumulative nature
Deductibility
Deduction statements
Deregistration limits
Acquisitions from other member states
Assets supplied in the UK
Electronic services
Non-established taxable persons
Supplies from other member states (distance selling)
Taxable supplies in the UK
Digital services
Dilapidations
Disclosure of avoidance schemes
Distance selling, registration/deregistration limits
DIY builder claims
Dwelling (defined)
EC sales list
EEA properties
Electronic communications
Employment income
End user and the reverse charge
EU territory member states
Areas not within the EU
Excluded territories
Generally
Isle of Man
Monaco
Exempt supplies
Flat rate scheme
Flat-rate scheme
Categories of business
Coronavirus support measures
Farming
Percentages from 15 July to 31 March 2021 (temporary)
Percentages from 30 November 2008 to 1 January 2010
Percentages from 31 December 2003 to 1 December 2008
Percentages from 31 December 2009 to 4 January 2011
Percentages from 4 January 2011
Relevant goods
For landlords (generally)
Fractions
Fractions checklist
Retailers
General principles
Generally
Going concerns
Handling
HMRC addresses, information/help and contact details
Annual accounting scheme applications
Appeals
Authority to act for a client
Charities
Clearances
Complaints
Contact information
Disclosure of avoidance schemes
DIY builder claims
E-mail enquiries
Error correction
General enquiries
Online services
Option to tax, notification and queries
Payment support and help
Registration/deregistration
Returns
Telephone contact
VAT 68 applications
Verification of validity of VAT number
Website addresses
Written and e-mail enquiries
HP and similar transactions
Finance agreement
Generally
Repossession
Transfer of the agreement
Incorporation
Industrial buildings allowances
Additional VAT liability, meaning
Additional VAT rebate, meaning
Apportionment
Chargeable period
Time when additional VAT liability/rebate made
Inheritance tax, lifetime transfers
Insurance-based schemes
Interaction with SDLT rules
Interaction with stamp duty
Interest
Harmonisation proposal
Overpaid tax (statutory interest)
Reckonable dates
Underpaid tax (default interest)
Intrastate declarations
Investigations
HMRC power to seek information
Statutory records
Invoice issued by unauthorised person
Invoices
Continuous supplies of services
Country code prefix
Credit card sales
Intra-EU supplies
Leased motor cars
Less detailed/modified invoices
Particulars to be shown
Registration number
Key dates
April 2021
August 2021
December 2021
February 2022
January 2022
July 2021
June 2021
March 2021
May 2021
November 2021
October 2021
September 2021
Large scale transfers of local authority housing to registered social landlords
Lease settlements
Leased assets affixed to land
Ant-avoidance provisions
Generally
Lessor has intrest in land
Lessor has no interest in land
Other consideration
Listed buildings
Mileage allowances
Misnomers
Motor cars
New build properties
Non-established taxable person
Non-residents
Offset of CIS repayments against
Once supply has occurred, it is often too late
Option to tax
Option to tax (commercial property)
Consequences of opting
Duration and revocation
Exempt land (anti-avoidance)
Exercising the option
Introduction and basics
Notifying HMRC
Permission (automatic and specific)
Practical considerations
Process
Real estate elections
Residential property (not effective for)
Timing
“once and for all” elections
Option to tax, notification and queries
Overview
Partial exemption
Payment support and help
Penalties
Penalties (civil penalties)
Accounting arrangements, failures by senior accounting officer
Avoidance schemes, failure to disclose use of
Behaviour which is careless/deliberate or concealed
Contact details of debtor, failure by third party to provide
Covid-19 support measures
Data to be provided, failure
Default surcharge
Dishonest conduct by agent
Electronic return system, failure to use
Error in documents
EU sales statements, inaccurate/failure to submit
Excise duty goods, failure to notify acquisition
Exports, contravention of rules
Imports, evasion of tax
Inaccuracies delaying tax
Incorrect returns
Inspection, deliberate obstruction of an officer
Investment gold scheme, failure to comply
Invoices, unauthorised issue
New means of transport, failure to notify acquisition
Payment of tax, incorrect or late
Quarterly payments, failure to make
Quarterly returns, failure to make
Record-keeping requirements
Reduced rate certificates, incorrect
Reduction for special circumstances
Registration liability, failure to notify
Regulatory provisions, breach of
Reverse charge sales statement, inaccurate/failure to submit
Senior accounting officer, failures
Suspended penalties
Underassessment, failure to notify
Walking possession agreement, breach of
Zero-rate certificates, incorrect
Planning
Generally
Planning considerations
Grouping
Partial excemption
Plant and machinery allowances
Additional VAT liability, meaning
Additional VAT rebate, meaning
Anti-avoidance
Apportionment
Chargeable period
Disposal value, additional VAT rebate
First-year allowances
Qualifying expenditure
Short-life assets, balancing allowance
Time when additional VAT liability/rebate made
Previous sales tax
Protected buildings
Publications having legal force
Rate applicable
Rate changes
Rate of charge
Rates
Fractions
Fuel and power supplies
Generally
Imported works of art/antiques and collectors' items
Reduced rate
Standard rate
Real estate elections (option to tax)
Recovery by the lessee
Recovery by the lessor
Reduced rate supplies
Generally
Temporary reduced rate, coronavirus support scheme
Registration
Acquisitions from other member states
Assets supplied in the UK initially purchased by overseas persons
Country code prefix
Electronic/telecommunication and broadcasting services
HMRC addresses and information
Non-established taxable persons
Supplies from other member states (distance selling)
Taxable supplies in the UK
Website information and addresses
Registration requirement
Relationship with other taxes
Repairs and alterations
Repayment supplement
Requirement to include VAT number in CIS registration
Research and development allowances
Additional expenditure etc., additional VAT liability treated as
Additional VAT liability, meaning
Additional VAT rebate, meaning
Apportionment
Chargeable period
Disposal value, additional VAT rebate generating
Effect on balancing charges of additional VAT rebates in earlier chargeable periods
Meanings
Time when additional VAT liability/rebate made
Residential property
Commercial property (distinguished)
Construction of
Conversion to
Option to tax
Zero rating
Returns
Error correction
Generally
Reverse charge
Reverse premiums
Sale of property
Scheduled monuments
Separation of businesses
Stamp duty land tax (interaction with)
Standard rate
Status of FHL properties
Subject to Sch. 36 provisions
Subletting of property
Submission of return
Supplies by landlord to tenant
Surcharges
Surcharges, disallowed deductions
Surrender of lease
Taxable person
Taxable property
Occupational pension schemes
Self-invested personal pension schemes (SIPPs)
Taxable supply (defined)
Tenant undertakes construction work
Termination fees
Termination payments under a lease
Tour operators' margin scheme
Transfer as a going concern (TOGC)
Basics
Buyer (member of partially exempt group)
Buyer (need for VAT registration)
Buyer (opting to tax)
Conditions
Definitions
Incorporation
Inheriting seller's VAT position
Input tax recovery
Intra-group lettings
Nominee buyers (pitfall)
Property letting
Protection and practicalities
Same kind of business (meaning)
Transfer of part of business
VAT groups
Transfer of going concern provisions
Trnsafer of the lease
Variation of lease terms
VAT 68 applications
Vehicle exports outside Europe
Where the lessor ‘belongs'
Zero rating
Basics
Building services for landlord
Change of use
First grant of major interest
Registration
Residential property
Self-supply charge
Substantial reconstruction of protected buildings
Zero-rated supplies