01 Jun 2021

The Office of Tax Simplification (OTS) VAT review was published in 2017 and included recommendations for the simplification of the VAT treatment of land and property.

On 12 May 2021 the HMRC published a call for evidence to look at potential options and ideas to simplify the land and property VAT exemptions. The call for evidence runs until 3 August 2021.

Whilst it is important that businesses comply with their tax obligations, HMRC acknowledges the complexity of the existing VAT rules on land and property and would like to hear views from businesses on the practical application of the current rules, and whether these rules could be simplified.

The call for evidence is split into 2 sections:

  • Chapter 2 looks at the history of the VAT land and property rules, highlighting how they have become increasingly complex over time. It considers factors that are driving the need for simplification.
  • Chapter 3 discusses possible solutions for the issues caused by the current complicated nature of the VAT rules for land and property.

AREF’s Tax Committee are considering responding to this call for evidence. If you would like to contribute to AREF’s response please email info@aref.org.uk.


Anshita Joshi

Anshita Joshi

Tax Advisor, AREF

Anshita Joshi is the Tax Advisor at AREF and is responsible for developing and leading AREF’s tax agenda on issues relating to corporate and fund tax matters including VAT and withholding taxes. Anshita has over 15 years of experience in dealing with investment management tax matters, having previously at PwC as a Senior Manager in the asset management tax team.