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,

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Owner-Managed Businesses

Allowable expenses for property businesses

Allowable expenses for property businessesGeneral itemsMany of the principles applying to allowable expenses for property businesses are similar to those that apply for trading and the rules for individuals in a property business are generally the same as for companies with some exceptions which are

14 Jul 2020 13:26 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax, part of AMS Group Read more

Tax Returns

Corporation Tax

Carried-forward losses restriction

Carried-forward losses restrictionOverview of the carried-forward loss restrictionAn important restriction in the use of losses carried forward was introduced by Finance (No 2) Act 2017. Subject to a de minimis of £5m (known as the deductions allowance), most carried-forward losses are restricted to

14 Jul 2020 11:09 | Produced by Tolley Read more

Personal Tax

Losses on shares set against income

Losses on shares set against incomeUsually, allowable capital losses can only be set against chargeable gains. If the losses are not fully utilised against gains in the year in which they arise, the excess is carried forward to use against future gains. See the Use of capital losses guidance note

14 Jul 2020 12:12 | Produced by Tolley Read more

��Ƶ