VAT legislation governing construction and conversion works is complex. Building services may be subject to the zero-rate, reduced-rate or standard-rate of VAT and it is important to ensure the correct VAT liabilities are determined at the outset of any development project. Additionally, special rules apply to VAT recoveries, in particular the DIY Housebuilders and Converters Scheme. Unlike most items of expenditure, VAT on property costs can be subject to adjustments for up to 10 years and penalties can arise where ineligible refund claims are submitted to HMRC.
As an introduction to our firm and the services we provide we will be holding a free VAT Seminar for Architects on Thursday 26 November 2015 from 8.00am to 10.00am. There will be time at the end if you wish to raise specific issues with any of the speakers. Numbers will be limited to allow the opportunity for questions and discussion and early booking is recommended.
The seminar will be held at the Holiday Inn Express Colchester, Birchwood Road, Off Ipswich Road A12 (Southbound), Colchester, CO7 6HS.
For further information or to secure your place please contact Laura Beckett on 01206 321029 or via email at firstname.lastname@example.org.