Option to tax

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Revision as of 15:26, 30 October 2013 by imported>Doug Williamson (Clarify that Option to tax relates to land and buildings. Source: http://www.hmrc.gov.uk/manuals/vatlpmanual/VATLP22590.htm)
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VAT.

Turns an exempt supply relating to land or buildings into a standard rated supply for UK VAT purposes.


See also