One important area that confuses tax students in Advanced Tax and BPT is Vat on land and buildings. This is probably because a building can be either zero-rated, exempt or a taxable supply.

To help you I have written an article on VAT on Buildings including the important option to tax election in the July edition of PQ Magazine.

PQ Magazine is an amazing free resource for accountancy students, so I recommend you subscribe immediately to help you pass!

To read the full article, turn to page 23 of the July edition. I have attached the link below.

Read your latest issue to find out more:

If you are planning on doing Advanced Tax in September 2023, I recommend you purchase Advanced Tax Condensed which will allow you to learn the technical rules at lightning speed. If you then practice the key questions I recommend, you too will be ready for anything the examiner throws at you.

 The book will really make the difference. You can purchase it using the link below:

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