TOGC and VAT

[doobrey]

Others may come along with more authoritative advice but in my experience:

1. Seems to be normally referred to as Letter Before Claim these days. Not sure if this is semantics or if there is a difference between LBA and LBC.
2. When I have sent them I have specified a fourteen day...

[doobrey]

The yield sounds very healthy and mixed use is generally tax efficient, so seems like a good idea.

[doobrey]

I am looking quite seriously at buying a commercial property, which would be my first one. It is elected for VAT so it would be critical to structure the purchase such that VAT was not payable on the purchase price.

As such my understanding is that it must be done as a Transfer Of a Going...