Option to tax: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Clarify that Option to tax relates to land and buildings. Source: http://www.hmrc.gov.uk/manuals/vatlpmanual/VATLP22590.htm) |
imported>Doug Williamson m (Amend header.) |
||
| Line 1: | Line 1: | ||
''VAT.'' | ''UK VAT.'' | ||
Turns an exempt supply relating to land or buildings into a standard rated supply for UK VAT purposes. | Turns an exempt supply relating to land or buildings into a standard rated supply for UK VAT purposes. | ||
| Line 7: | Line 7: | ||
* [[Exempt]] | * [[Exempt]] | ||
* [[Standard rated]] | * [[Standard rated]] | ||
* [[ | * [[Value Added Tax]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 14:13, 15 July 2021
UK VAT.
Turns an exempt supply relating to land or buildings into a standard rated supply for UK VAT purposes.
