Prime VAT for residential property developers and contractors: How to save VAT, maximize profits and manage the process By Mrs Marie B Stein –

Are you a property developer, contractor or professional advisor Are you building or converting residential properties to lease or sell Then you NEED to read this book Whether you re a property developer or a contractor, you ll know that the VAT rules about the residential property development are particularly difficult If you don t budget properly for VAT at the start of a development, you can be left with expensive mistakes, significantly affecting the anticipated profit on your development or even changing that profit into a loss Like most taxes, the rules are complicated and there are a lot of them including the VAT liability of property transactions, construction services and claiming VAT from HMRC But the most difficult and least understood aspect about all of this is that you need to understand how the rules work together before you can work out the VAT cost of your development This book has been written specially for those of you who are new to property development or construction as a business, or have limited knowledge of the VAT rules and need to know It includes the important VAT rules, as well as a lot of practical information about VAT and residential property development The book will help you to save money and manage the VAT process of your development If you re a developer, it will help you to maximize your profits by knowing how to keep your VAT costs down and when you can claim from HMRC If you re a contractor, you ll be able to save money for your customer by understanding when you can charge the zero rate or reduced rate for your work And if you re a professional advisor, accountant architect, project manager, solicitor or surveyor you can help clients take full advantage of the VAT reliefs so that they can save money and manage the process properly I ve avoided lots of legal jargon and legislation unless absolutely necessary and there are links to HMRC guidance in case you need detailed guidance And I also tell when you CAN T save VAT on your costs or claim VAT from HMRC If you know in advance, you can at least budget properly from the beginning and plan your expenditure accordingly

2 thoughts on “VAT for residential property developers and contractors: How to save VAT, maximize profits and manage the process


    Very comprehensive guide to the subject for both developers and contractors, including the important VAT rules but explained in a very practical way with useful examples.I particularly like the way the author brings together rules about VAT on property income, expenditure and claiming VAT so you can calculate how much money you need to budget for VAT, when you can claim it and when you re being charged too much by your contractor Definitely recommended.

  2. Customer Customer says:

    Very useful book for anyone developing residential property who wants to understand how to handle VAT and ensure they pay what s required but not .