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VAT on Property - Made Simple

Only £105.00
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VAT on Property - Made Simple

VAT on Property-Made Simple

Written by Michael O'Connor and Patrick Cahill

"...a welcome and timely publication on the area of VAT on property and an imperative addition to the bookshelf of any conveyancing practitioner" Parchment Magazine 2010.

This new Irish title provides detailed commentary outlining the new rules governing the application of VAT on property transactions which were introduced in July 2008.

It is an essential title for practitioners concerned with property legislation and the new VAT system in place. Written for practitioners by practitioners,VAT on Property - Made Simple adopts a unique 'transaction based approach' in analysing this complex area of property tax. It is an essential tool for every professional advisor working in the property business.

Key Features

  • Numerous detailed examples, tax tips and taxtraps are used to explain how such transactions are now liable/exempt from VAT under the new VAT system
  • Provides useful precedents to assist practitionersin drafting Contract, Lease and VAT Clauses, other VAT documents and records
  • Written by expereinced practitioners for practitioners
  • Full coverage of the background, legislation and principles of the new VAT system

    Bibliographic detail

    ISBN: 978 1 84766 257 6
    Publication date: Dec-09
    Format: Paperback
    Availibility: In print

    List price: €120 / £105

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    ISBN - 9781847662576 - £105.00 VAT Free

     
    • Description
    • Reviews
    Table of Contents:

    1. Introduction
    Part A – Property Law
    2. The Common Law System of Property Law
    3. Property Sales and Transfers
    4. Development under Planning Law
    Part B – Sources of VAT Law Relevant to Property Transactions
    5. The Sources of EU and Irish VAT Law
    6. VAT in Operation
    7. Taxable Accountable and Exempt Persons
    Part C – Essential Features of VAT and Property Law
    8. VAT and Property Transactions under the Recast Directive
    9. How Property Law and Other Legal Concepts have been Transformed for VAT Purposes
    10. Completed and Occupied
    11. Who Registers for VAT in relation to a Property Transaction
    12. Connected Parties
    Part D – The Sale of Property as Good
    13. Sale of Property which is Mandatorily Taxable
    14. Property Sales when Exempt with Join Option to Tax
    15. Transactions in Transitional Property
    16. Out of Scope Sales
    Part E – The Supply of Property as Service
    17. Letting of Property
    18. Assignment and Surrenders of post-30 June 2008 Leases
    19. Other Disposals – Options, Easements, Licences and Other Rights
    20. Self-Supplies
    Part F – The Capital Goods System
    21. Capital Goods
    Part G – Miscellaneous Items
    22. Holiday Homes
    Part H – Conclusion
    Index
    Appendix I
    Revenue Guidance Notes
    Revenue Q&A in relation to VAT on Property
    Appendix II
    Precedents
    Conditions of Sale for VAT Purposes
    VAT Requisitions on Title
    Covenants and Conditions for VAT in Leases
     
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