Peter Szuszko

Very many thanks I now fully understand the situation and no more posta will be necessary A great service by the way Regards P Szuszko

Very many thanks Jay Much appreciated I’ll scour the final para sections Peter

The Commercial property in question @£200.000 will have VAT added to the purchase price, thus £240.000 It is an investment property with a sitting tenant and therefore if the purchaser was VAT Registered (TOGC) the amount payable would be £200.000. No VAT would be charged. Question I cannot find any clauses in HMRC VAT regulations that disallow a none VAT Registered person or entity (purchaser is a Pension Scheme) from Registering for VAT and claiming the £40.000, in the above example, then claiming the VAT back and De Registering. This has the same affect as the TOGC in actuality as no VAT is actually paid above or in this scenario above no VAT would stay with HMRC. My client does not want to Register for VAT in a TOGC context as the Pension Scheme have another property where the buyer did not opt to tax VAT and hence no VAT is charged to the tenant on the rent. Thank you for reading this my thread; I do not know if the Registration and De Registration scenario would flag as a concern to HMRC. The driver is a pragmatic mirroring of TOGC where the purchaser is not VAT Registered.