Need to pay VAT on your property purchase?
Funding the VAT element of a commercial property purchase
Before getting to the development of your property, when a commercial property has been opted to tax with HMRC, an additional 20% must be paid as VAT upon completion. Then the VAT can be claimed back as a VAT refund. Typical property development finance solutions don’t cover this 20% VAT.
Fortunately, Adsum can!