VAT On Commercial Property: What You Need to Know
Standard rate of VAT, currently 20%, is typically applied to commercial property transactions when the seller has opted to tax, or when new commercial properties are being sold or leased.
VAT on Property: Transfer of Business as a Going Concern | TOGC
In this article, we explore Transfer of a Going Concern (TOGC) for VAT, a mechanism allowing business sellers and buyers to avoid significant VAT liability. We delve into the eligibility criteria, emphasising the importance of business continuity and specific conditions...
