For years, HMRC maintained that a dwelling can only comprise one building.  Now, however, they do accept that a dwelling can have more than one building.  There are conditions, of course, for which see Revenue & Customs Brief 13/2016.  The difficulty with it is that, as ever, they pass the onus on to the contractor… Read More


The downturn in the property world has various effects. Not only are properties failing to sell, but there is a hidden sting in the tail. The reason for this is that when a developer constructs a new house for sale, he is entitled to reclaim the VAT that has been spent out on materials. If… Read More