{"id":3042,"date":"2011-08-12T15:02:21","date_gmt":"2011-08-12T15:02:21","guid":{"rendered":"http:\/\/ihbconline.co.uk\/newsachive\/?p=3042"},"modified":"2011-08-12T15:02:21","modified_gmt":"2011-08-12T15:02:21","slug":"hmrc-relents-on-design-build-vat","status":"publish","type":"post","link":"https:\/\/newsblogs.ihbc.org.uk\/?p=3042","title":{"rendered":"HMRC relents on design-build VAT"},"content":{"rendered":"<p id=\"yui_3_2_0_5_1313154587030171\"><strong id=\"yui_3_2_0_5_1313154587030165\"><br \/>\n<\/strong><\/p>\n<p><span style=\"text-decoration: underline;\">HMRC has withdrawn proposals to charge VAT on design and build composite changes, a change which the Charity Tax Group (CTG) claims would have cost some charities hundreds of thousands of pounds.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>HMRC accepted the opinion CTG had sought from Andrew Hitchmough of Pump Court Tax Chambers that the recent Talacre case does not mean HMRC must change its stance on zero-rating VAT on design and build projects.<\/p>\n<p>&nbsp;<\/p>\n<p>As a result, HMRC will continue to accept that professional services provided by a building contractor are zero-rated if provided alongside zero-rated building work.\u00a0 It will also amend VAT Notice 708 to make clearer the conditions for an onward zero-rated supply which meets the test.<\/p>\n<p>&nbsp;<\/p>\n<p>Peter Jenkins, CTG\u2019s technical adviser, said: \u2018This is excellent news for the whole charity sector, as the proposed change would have substantially increased the VAT cost of many charity construction projects.\u00a0 This is a good example of the generally positive and constructive relationship between HMRC and CTG on key issues facing the sector\u2019.<\/p>\n<p>Charity Tax Group Article: <a href=\"http:\/\/www.ctrg.org.uk\/pr.php?id=29\" target=\"_blank\">LINK<\/a><\/p>\n<p>Civil Society News: <a href=\"http:\/\/www.civilsociety.co.uk\/finance\/news\/content\/10175\/hmrc_relents_on_costly_design_and_build_vat_change\" target=\"_blank\">LINK<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HMRC has withdrawn proposals to charge VAT on design and build composite changes, a change which the Charity Tax Group (CTG) claims would have cost some charities hundreds of thousands of pounds. &nbsp; HMRC accepted the opinion CTG had sought &hellip; <a href=\"https:\/\/newsblogs.ihbc.org.uk\/?p=3042\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-3042","post","type-post","status-publish","format-standard","hentry","category-sector-newsblog"],"_links":{"self":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/3042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3042"}],"version-history":[{"count":1,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/3042\/revisions"}],"predecessor-version":[{"id":3043,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/3042\/revisions\/3043"}],"wp:attachment":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}