Managing complex real estate transactions and investments for compliance, cost efficiency and risk reduction.

Value-Added Tax (VAT) on land and property transactions represents an area fraught with complexity and potential pitfalls for owners, investors and developers. Fully understanding the implications of VAT on real estate transactions is crucial to remaining compliant and to avoid significant penalties and fees, especially given the practical and commercial difficulties involved in unwinding previous mistakes in reporting.

A&M’s Real Estate VAT services help businesses understand and plan for the cost and cash flow impact — as well as the requirements and obligations — of VAT on real estate transactions. VAT comes into play in numerous situations, including buying and selling real estate, developing and leasing property or granting/receiving associated rights. 

Many businesses overlook certain parts of VAT legislation or apply an incorrect VAT accounting treatment because of the complex nature of VAT in relation to property transactions. Also, as some VAT accounting obligations and requirements are time-critical, these areas need to be considered and factored into projections, contracts and plans at an early stage.

What Are Some of The Services A&M Taxand  Provides?

• Assistance with registering for VAT 
• Preparing and filing VAT returns
• Support with VAT audits
• Advice and assistance regarding the option-to-tax process and with notifications to HMRC
• Support with pre-and post-transaction VAT strategies 
• Analysing different options during restructurings or M&A activity and contract reviews to ensure the most VAT efficient position is achieved
• Advise on mitigating or eliminating VAT on property transactions 
• Advising both UK and non-U.K. established property-owning companies with U.K. property portfolios, or property development companies (e.g., involved in refurbishing, converting or redeveloping different types of properties) on their VAT requirements and impact of VAT on their cashflow positions
• Engaging with and working alongside intermediate property agents who compile information on behalf of property owners for whom we provide VAT services
• Advising on the impact of changes in HMRC guidance/VAT law on the VAT treatment of your supplies
• Supporting  VAT inquiries from HMRC and requests for VAT rulings/clarifications
• Advising in relation to your position under the Capital Goods Scheme and Domestic Reverse Charge for construction services

Do You Have Questions About Real Estate VAT Compliance?

No matter where you are in your business’s lifecycle, A&M has answers to help you mitigate risk and efficiently plan for VAT associated with your real estate transactions. 

Understand  the Vast Benefits of A&M’s Real Estate VAT Services

A&M provides an outsourced solution as well as bespoke advisory services for real estate VAT planning and compliance that removes a significant burden from clients, especially those doing business across borders such as non-UK established property owners. Additionally, the benefits of A&M’s Real Estate VAT services include:

A&M’s Real Estate VAT Services Combine Expertise With Our Unique Value-Proposition

The Real Estate VAT team is a one-stop-shop for indirect tax advice, analysis, due diligence and support with accurate filing and reporting in a complex area of VAT. Additional reasons to use A&M include:

• Senior-led service: A&M’s top professionals with senior-level experience handle much of the Real Estate Tax service with our clients. 
• Client-first approach: As much as we seek to ensure our clients accurately comply with VAT regulations on an ongoing basis, we’re constantly on the lookout for ways we can add value on behalf of our clients, proactively looking for potential issues before they become problems. We even scan for issues that may be outside of our team’s immediate purview and recommend solutions.
• Hands-on perspective: We bring our considerable expertise to bear on a day-to-day basis, providing not only advice but providing personal service to help clients explore options and implement recommended solutions. We don’t leave our clients hanging. 

Did you know?

Real estate turnover in the UK generates approximately 68 billion British pounds annually. 

Source: Statista

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