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Back to basics: VAT and commercial property (part 2)

 
Continuing our series of basic informative articles Gary Barnett of Simmons & Simmons brings us the second part of his article covering the VAT treatment of some common commercial property transactions
 
This is the second part of my 'back to basics' article on the VAT treatment of commercial property. The first part set out the basic rules for the VAT treatment of property. The aim of this second part is to consider the application of those rules in the context of some of the more commonly encountered commercial property situations and transactions.
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