HMRC has updated some of its forms on the VAT rules relating to specific activities involving real estate to show new contact details and changes to the address to which forms should be submitted
VAT1614J is used to revoke an option to tax land and/or buildings for VAT purposes where more than 20 years have elapsed since the option took effect.
VAT1614E is used for notification of a real estate election for land and/or buildings that are taxable for VAT purposes, while VAT1614F is used in cases where someone wishes to construct a new building on opted land and wants to exclude the new building from the effect of the option to tax on the land.
For all three forms, the new address details are:
HM Revenue and Customs, Option to Tax Unit, Ground Floor, Portcullis House, 21 India Street, Glasgow G2 4PZ Phone 03000 530 005 Fax 03000 529 807.
VAT: revoking an option to tax after 20 years (VAT1614J) is here.
VAT: notification of a real estate election (VAT1614E) is here.
VAT: new buildings - exclusion from an option to tax (VAT1614F) is here.
Report by Pat Sweet
