Irish Taxation Institute: Educating, Developing and Representing

VAT on Property 2008

Key Features

• As of 1 July 2008, there will be a totally new set of rules governing VAT on property. This vital text has been completely re-written for 2008
• The ninth edition of VAT on Property looks in detail at these new rules and how they will apply to transactions in property. The book is designed to be a user friendly guide for practitioners, students, and people in business who find themselves advising on or involved in property transactions. The new edition looks specifically at:
  • The VAT treatment applying to the sale of a property
  • The VAT treatment applying to lettings
  • The Capital Goods Scheme
  • The transitional rules
  • The impact of EU Law on Irish Property transactions
• The new rules will include transitional provisions and a Capital Goods Scheme. All businesses that own, occupy, develop or intend to acquire property will be affected by these changes

Authors:

Fergus Gannon is a director in Deloitte, specialising in VAT. He is a Fellow of the Irish Taxation Institute and is a chartered accountant.

Vincent McCullagh is a senior manager in Deloitte, specialising in VAT. He has worked both in Ireland and in the UK and has presented widely on VAT matters for the Institute and other professional bodies.