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VAT on improvements; Interesting idea; Slightly Chile; Professional pension
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VAT on improvements
The VAT liability when a company improves a building that it leases
My clients own a farmhouse and a small area of land with a couple of redundant farm buildings but they are not farmers. They own a company that rents a storage unit of about 6 000 square feet from a third party.
Subject to obtaining planning consent they are planning to grant a lease to their company (an informal arrangement with a rent-free period at the...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
