Option to tax notification deadline extended

Released 14 May 2020

HMRC have announced temporary changes to the time limit and rules for notifying an option to tax land and buildings.

For decisions made between 15 February 2020 and 31 May 2020, the time limit for notifying is extended from 30 days to 90 days from the date the decision to opt was made.

VAT Notice 742A Opting to tax land and buildings has been updated accordingly.

View the guidance Changes to notifying an option to tax land and buildings during coronavirus (COVID-19).

View updated Notice 742A.

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