Land sales to housing associations - proposed VAT changes

Join us for a webinar on the proposed changes to the VAT treatment of land sales to housing associations.

As promised in the Autumn Budget, HMRC has launched a consultation on proposed changes to the VAT treatment of land sold to housing associations. If enacted, it would no longer require new buildings to have reached the ‘golden brick’ stage before the property can be sold zero-rated. This has the potential to reduce some of the practical barriers that exist to creating new affordable housing.

What we will cover

• The current VAT position for land sales to housing associations.
• Why the golden brick requirements create challenges in practice.
• What VAT changes are proposed.
• Likely restrictions and clawback mechanisms if plans change.
• How impactful could these changes be on the development of new affordable housing and development generally.
• How to respond to the consultation.

Who should attend

• Finance and development staff at housing associations.
• Housebuilders looking to sell land and build homes for housing associations.
• Property owners considering selling land to housing associations.

Timings

11:30 - Webinar starts
12:30 - Webinar ends 

This is a virtual event. You will receive log in details upon registration.  

Cost

There is no cost to attend this event.

Register now

Speakers

Adam Cutler Director, VAT [email protected]	Olivia Larson Manager, VAT [email protected]