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,

Access this article and thousands of others like it
free for 7 days with a trial of Tolley+™ Guidance.

TAKE A FREE TRIAL

Popular Articles

Trusts and Inheritance Tax

Gifts out of surplus income

Gifts out of surplus incomeA valuable exemption from inheritance tax (IHT) applies to gifts out of surplus income. This exemption applies only to lifetime gifts and is therefore a key part of lifetime planning. The exemption applies to both outright gifts and gifts into trust. Gifts which meet the

14 Jul 2020 11:48 | Produced by Tolley in association with Emma Haley at Boodle Hatfield LLP Read more

Trusts and Inheritance Tax

Spouse exemption from inheritance tax

Spouse exemption from inheritance taxArguably, the most important inheritance tax exemption is the spouse exemption from inheritance tax.There is no IHT to pay on gifts from husband to wife and vice versa, or from one civil partner to the other (referred to collectively in this note as ‘spouses’).

14 Jul 2020 13:56 | Produced by Tolley in association with Emma Haley at Boodle Hatfield LLP Read more

Personal Tax

Transferable tax allowance (also known as the marriage allowance)

Transferable tax allowance (also known as the marriage allowance)What is the transferable tax allowance (marriage allowance)?From 6 April 2015, an individual can elect to transfer 10% of the personal allowance (£1,260) to the spouse or civil partner where neither party is a higher rate or additional

14 Jul 2020 13:52 | Produced by Tolley Read more

��˾��ҹ��