Land and buildings ― building work ― self-supply

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This guidance note provides information on self-supplies of building work and provides answers to the following questions:

•
What is a self-supply of building work?
•
When should the self-supply rules for building work be considered?
•
Are there any exceptions to the self-supply rules for building work?
•
What are the implications of the self-supply rules for building work?

For commentary on the statutory legislation please refer to De Voil Indirect Tax Service V3.244.

What is a self-supply of building work?

A self-supply of building work is a supply of building work a business makes either to:

•
itself
•
a member of the same VAT group

SI 1989/472; Notice 708 section 25

To put it another way, a self-supply of building work is a supply of building work that a business sources internally rather than from a third party. The internal source may be the business itself or a member of the same VAT group. The self-supply of building work rules apply to all entities, including sole traders,

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Exemption ― insurance ― overview

Exemption ― insurance ― overviewThis guidance note provides an overview of the VAT treatment of insurance products and should be read in conjunction with the Insurance ― specific transactions and Exemption ― insurance ― brokers and agents guidance notes.Is insurance exempt from VAT?Supplies of

Owner-Managed Businesses

Interest on late paid tax

Interest on late paid taxIntroductionInterest on late paid tax is a compulsory charge set out in legislation to reflect the interest which would have accrued to the Exchequer had the correct amount of tax been paid at the right time.Harmonised legislation was introduced in 2009 to:•set statutory

14 Jul 2020 12:00 | Produced by Tolley in association with Philip Rutherford Read more

Corporation Tax

Withholding tax

Withholding taxIntroductionUK tax must be withheld on UK payments including:•interest•royalties•rental incomeUK withholding tax may be reduced under the provisions of a double tax treaty (DTT). Prior to 1 June 2021, payments of interest and royalties made to EU resident associated companies were

14 Jul 2020 14:01 | Produced by Tolley Read more

��Ӱ��