[Anonymous]

“Meanwhile there are red faces in the Government as the legislation to reduce IVA VAT to just 4% on property sales in legislation hurried through on New Year’s Eve, forgot to be applied only to the usual residential home. As it stands the legislation means all property sales will be at the lower IVA rate “

Does it surprise any one on the forum??? I can bet that the Hacienda will not accept responsibilty and demand the full rate !!!!!!!!!!

[Chopera]

I’m confused – I thought the 4% reduced tax incentive on new builds expired on new year’s eve and that we were now back to 8%

[Fuengi (Andrew)]

@Chopera wrote:

I’m confused – I thought the 4% reduced tax incentive on new builds expired on new year’s eve and that we were now back to 8%

it did. PP have extended it for this year

[GarySFBCN]

“Meanwhile there are red faces in the Government as the legislation to reduce IVA VAT to just 4% on property sales in legislation hurried through on New Year’s Eve, forgot to be applied only to the usual residential home. As it stands the legislation means all property sales will be at the lower IVA rate “

Why I have no faith in PP. They will continue to enrich their pals, at the expense of everyone. Oh yeah, this is no mistake.

[Author]

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