VAT on property and development
New builds, conversions, the option to tax and partial exemption, reviewed before the work starts, which is when advice is worth the most.
Radlett is home to an unusual number of business owners who employ staff, plus lawyers, finance professionals and property people. Most don't need basic bookkeeping. They need someone who can answer the awkward questions, VAT especially.
Census figures for the Aldenham wards that cover Radlett show self-employed people with employees at nearly three times the national rate, and residents working in law, finance and real estate at two to three times the national share. Watling Street is a high street of independents, with very few national chains.
Plenty of residents run their companies elsewhere, commuting into London on Thameslink and coming home to the tax questions. Owner-managed companies, investment property and professional partnerships each bring their own complexity.
With average sold prices in Radlett above £1 million, development and conversion work is common, and that is where VAT gets technical. Is a new-build zero-rated? Does a conversion qualify for the reduced 5% rate? Should you opt to tax a commercial building, and what does that commit you to for the next 20 years?
For the independents on Watling Street the problem is usually quieter: growing towards the £90,000 registration threshold without noticing. We deal with both, and explain the answer in plain English.
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Book a free 30-minute consultation, or message us and we will come straight back to you.
Book Free ConsultationNew builds, conversions, the option to tax and partial exemption, reviewed before the work starts, which is when advice is worth the most.
Corporation tax, director pay and extracting profit efficiently now that dividend tax has gone up.
Partnership profits, rental income, investments and capital gains brought together on one accurate return, with payments on account set at the right level.
We meet Radlett clients in person when it helps, and handle the rest over WhatsApp, email and video calls around your diary. Fixed monthly fees, agreed in advance.
See everything we do, or how our fixed monthly fees work.
Yes. We handle VAT registration, quarterly returns under Making Tax Digital and the more technical questions, including VAT on property development, conversions and the option to tax. Ideally talk to us before a project starts, not after.
Building a new dwelling is usually zero-rated, and some conversions qualify for the reduced 5% rate, but the conditions are strict and the paperwork matters. We check your project against the rules before the builder's invoices start arriving.
Yes. We bring together your share of partnership profits, any rental or investment income and capital gains, and make sure your payments on account are set at the right level.
Yes. We are based in Bushey, a short drive away, so meeting in person is easy. Plenty of clients prefer to work remotely, and that works just as well.
Book a free 30-minute consultation and get a clear answer before you commit to anything.
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