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Box 7 of Vat Return and Property

Answer
stewarts0509 Stewart
Posted Fri, 01 Nov 2024 12:23:37 GMT by stewarts0509 Stewart
Is a purchase of commercial property included in box 7 as an input? My thoughts are it is but I am just looking for confirmation. Thanks
Answer
HMRC Admin 19 Response
Posted Mon, 04 Nov 2024 10:26:21 GMT by HMRC Admin 19 Response
Hi,
If a business purchases a commercial property then it is a business purchase and would be included in box 7 of the VAT return. You can see guidance here:
How to fill in each box on your return
Thank you.
Answer
stewarts0509 Stewart
Posted Mon, 04 Nov 2024 13:32:23 GMT by stewarts0509 Stewart
Thank you that was my thoughts.

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