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07 November 2017

VAT and property - how to save tax and avoid the traps

Category: MASTER COURSE

This course deals with the impact of VAT on acquiring, holding and disposing of commercial and residential property — including key planning areas, pitfalls and the impact of anti-avoidance legislation.

Who should attend?
All accountants and others who have to deal with, or advise on, VAT aspects of buying, selling, constructing, repairing or operating buildings and property, both commercial and residential.

What you will gain
Many accountants, solicitors and tax advisers find that the majority of VAT problems brought to them by clients relate to property – these are typically high value transactions or expenditures in an unfamiliar area of VAT. This course will enable you to deal with these issues confidently. Key planning areas in the commercial property field, such as the option to tax and partial exemption, are dealt with, and the impact of anti-avoidance legislation is highlighted. In the residential property field, the course shows how to obtain and keep the benefit of zero rating and reduced rating. The course shows how to avoid common pitfalls in both commercial and residential property. 

Programme outline

  • How VAT applies to buying, selling and renting buildings and property, and to building services.
  • Planning for partial exemption, including the use of standard and special methods.
  • The use of the option to tax, including the related anti-avoidance rules, and revocation of the option.
  • Incentives and inducements in connection with leases.
  • Supplies to tenants and service charges.
  • How to avoid VAT clawbacks under the capital goods scheme.
  • Transfers of a property as part of a transfer of a business as a going concern.
  • Structuring ownership and construction contracts to minimise VAT cost.
  • Planning to maximise the benefit of the zero rate on residential construction and the reduced rate on residential refurbishment.
  • Minimising VAT on conversions from commercial to residential.
  • Planning for mixed commercial and residential construction and refurbishment.
  • Recent VAT cases and other developments in the field of buildings and property. 

The course starts at 9.30am. Lunch and refreshments are included.
6 CPD hours (where applicable). 

Booking Information

Date Location Price
7 November 2017 - 09:30 London Price: GBP 599.00
Member price: £539. CDS member price: £415. Plus VAT on all prices.
14 December 2017 - 09:30 Manchester Price: GBP 599.00
Member price: £539. CDS member price: £415. Plus VAT on all prices.


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VAT and property - how to save tax and avoid the traps

CIMA members and students should log in to MY CIMA before booking to receive the appropriate discount. Save up to 30% with the CIMA Corporate Discount Scheme (CDS). Find out more at: www.cimamastercourses.com/CDS

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If you have any queries please email or phone us on: +44 (0)3332 221608. Visit our booking page for information on how to book and pay.

The venue for this course will be confirmed 14 days before the scheduled date. 

CIMA Mastercourses are held in partnership with BPP.  

CIMA on demand is our range of online CPD courses specifically designed for busy finance and business professionals who need training that's convenient and will fit around their schedule. Find out more