This guidance outlines the main issues that need to be considered when dealing with partial exemption in the land and property sector. It has been developed in consultation with the British Property Federation to assist businesses, their advisers and HM Revenue and Customs VAT assurance officers.
| PE5210 | An overview of different land & property businesses |
| PE5220 | Basic principles |
| PE5230 | Practical issues for special methods |
| PE5240 | Methods of apportionment |
| PE5250 | Part-exchange houses: use of inputs |
| PE5260 | Other activities |
| PE5270 | Capital Goods Scheme items |
| PE5280 | Speculative costs/change of intended use/abortive costs |
