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Beware VAT costs on farm accommodation

Beware VAT costs on farm accommodation

New Permitted Development rules, which should benefit the rural sector by simplifying the planning process, unfortunately carry unforeseen tax implications, says head of rural services Andrew Vickery. “Under the new rules, planning consent is not required for, say, conversion of redundant outbuildings into residential accommodation. However, to secure VAT relief, planning consent must have been […]

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