Business Clinic: Barn conversion to nursery – advice on income tax and VAT … – FarmersWeekly

Business Clinic: Barn conversion to nursery – advice on income tax and VAT … – FarmersWeekly

Business Clinic: Barn conversion to nursery – advice on income tax and VAT
FarmersWeekly
The rental income from letting the converted building will be exempt from VAT and thus the farming partnership will become a partially exempt business. The exempt input VAT (in this case VAT on conversion costs) will be recoverable provided it falls

Business Clinic: Barn conversion to nursery – advice on income tax and VAT … – FarmersWeekly