VAT is an abbreviation for the term Value-Added Tax. It is an internally self-governing dependency of the British Crown and its people are British citizens. Read more about isle of Wight distribution solutions. VAT No. The Channel Islands are an archipelago in the English Channel, off the French coast of Normandy. Unfortunately, your registration has been declined by the auctioneer. ~ if you buy assets from abroad, then you need to pay box two acquisition tax, and input tax can only be claimed under the 2,000 rule above - so if you are buying a 1,000 asset then buying in the UK . have 30% off flight routes travelling to the Isle of Wight Festival . EG if you sold a van which you previously claimed VAT on, then on sale you charge full VAT to the buyer and include that in your VAT return. National Education Union (NEU) strike . VAT is collected in the IOM under the Value Added Tax Act 1996 (of. I've never paid for vat on their payments, and never charged them VAT because i am not VAT registered. I usually quote high for the sheer hell of it. Ferries There are up to 200 Isle of Wight ferry crossings a day operating from Portsmouth, Southampton and Lymington. All sales results. Check the rates of VAT on different goods and services. The Canary Islands also recently introduced IGIC real-time invoice reporting requirements under the Suministro Inmediato de Informacion ('SII'). Bonchurch is a small village to the east of Ventnor, now largely connected to the latter by suburban development, on the southern part of the Isle of Wight, England.One of the oldest settlements on the Isle of Wight, it is situated on The Undercliff adjacent to the Bonchurch Landslips (or "The Landslip") Site of Special Scientific Interest.The main village is backed by a cliff to the north . Just don't be the last act at the IoW festival. With regard to VAT, within the UK and Isle of Man this will probably remain the same in the short term, though the Government will have leeway to implement any changes it sees fit going forward. Channel Islands and Isle of Man aren't. Property for sale online in Ventnor closing on 31/03/2023 with a Guide Price of 225,000. Cars & Vehicles Close save search modal. End Date: 21/04/2023 . Our Season and Flexi Tickets offer great value for those travelling with us on a regular basis. We also use cookies set by other sites to help us deliver content from their services. VAT rates for goods and services The standard rate of VAT increased to 20% on 4 January 2011 (from 17.5%). Get a taste of the Isle of Wight's history and culture by visiting one of our museums, galleries and historic sites . The Isle of Man has its own tax authority for VAT and other indirect taxes, which works in conjunction with the UK tax authorities. 3 bed lodge for sale in Hillway Road, Bembridge, Isle Of Wight PO35, selling for 189,995 from Stowford Residential Lettings. Estimated turnover Contact Download View 1 of 6 Rare opportunity. Call to enquire! Deposits from 10%. According to this agreement sales between the EU and Northern Ireland are treated as intra- community sales. Passenger Rights under EU Regulation 1177/2010, arrive at our terminal and skip the queues. Although we hope you'll find this information helpful, this blog is for informational purposes only and does not provide legal or tax advice. It has its VAT legislation and customs. As with any export, you as a seller apply a 0% VAT rate to remote sales to IOM. Barring any further postponements, at midnight on 1 January the transition period will end, meaning that the UK will fully be a third country to the EU. undertake insurance distribution and credit broking. You can only get to the cove by foot, and one of the best ways to get there is to take the Coastal Footpath. A UNIQUE property in Carisbrooke, available CHAIN FREE, ideal opportunity for INVESTORS. To Book: Call our Freight Centre on 01983 681336 and quote REMOV at the time of booking. If you're required to charge VAT on your items, here's what you need to do: When you list items on eBay, include VAT in the price. We use some essential cookies to make this website work. My accountant advise me that i do not need to register for VAT because i am outside the scope of VAT. Brian Bailey faced charges of failing to provide a drink-drive specimen and driving without insurance, on Monkton Street, Ryde, on January 15, when he appeared at the Isle of Wight . Also known simply as the Vatican, it is the smallest sovereign state in the world, became independent from Italy in 1929 and is a distinct territory under the ownership, authority and jurisdiction of the Holy See. It is an indirect tax on the consumption of goods and services in the economy. VAT No: 450913461. Used Cars For Sale on the Isle of Wight - Esplanade Used Cars NOT ALL USED CARS ARE THE SAME. AA Cars have 237 used cars listed in Isle of Wight, 218 used cars are listed with approved franchised dealerships. The Isle of Wight is just as much part of the UK as Anglesey or the Isle of Dogs. The Vatican City is outside the scope of Italy and the EU for VAT and customs purposes. See property details on Zoopla or browse all our range of properties in Hillway Road, Bembridge, Isle Of Wight PO35. A5 license. Tickets on sale NOW! Equioms team has extensive experience of importing assets into the EU, completing formal Temporary Admission procedures, VAT compliance and administering structures both inside and outside of the EU via our global network of offices. You are the current highest bidder! PO Box 6 Hovertravel Registered Trade Mark number 2614882 and Hovertravel logo registered trade mark number . Isle of Wight Festival's Tweets. Welcome. Alloy Wheels. There are 4 regions connected with the UK but VAT rules differ in all of them. The VAT rate businesses charge depends on their goods and services. Brexit Day has been and gone. The citation you need is the wailing and gnashing of teeth by us locals. Discounted flights exclusively for Isle of Wight residents. There is a common tax area between the two countries resulting from an agreement between the UK and the IOM governments. Therefore, UK (and Isle of Man) businesses wishing to trade with the EU will now have to surmount extra bureaucratic hurdles in terms of import/export declarations and the like. Sign up for our free newsletter and stay up to date with the latest tax news. VAT Registration 107-3428-91. . This auction is live! The Channel Islands include two Crown Dependencies, Jersey and Guernsey. Monaco is treated as being part of the territory of France for VAT and customs and excise purposes. You must ensure that the procedures mentioned in this guidance are carefully observed and seek advice from the appropriate HMRC Policy Team if any question arises concerning matters not covered in this guidance. Added on 22/08/2022 by Susan Payne Property, Wootton Bridge 01983 214783 Local call rate 1/3 3,950,000 Guide Price Premium Listing Main Road, Arreton Bettermove are proud to present this unique property for sale in Carisbrooke, available with no forward chain.This leasehold sale comprises a two bedroom ground floor fl. Please enable JavaScript to use this page! Do i need to register for VAT and pay VAT in the UK on payments i receive from the IOM business even though i have no sales in the UK or is it going to be zero rated because they deal with their own vat and i am supplying services outside the UK to a vat registered business in iom? We also use cookies set by other sites to help us deliver content from their services. When you use the Lovat platform you can see these transactions in the tax audit section just set IMN as a country. ABNORMAL LOAD OFFER Throughout February & March you can SAVE 25% off new Abnormal Load bookings. Registered Office: Encombe House, Estate Office, Corfe Castle, Wareham, Dorset, BH20 5LW, England. There will be changes to VAT reporting, imports and exports to/from the EU, and also opportunities, such as the access to Isle of Man and UK resident owners of private assets to the Temporary Admission regime. close. Cheap ferry tickets are typically available during off peak, outside of the high season. This includes all aspects of e-scooter usage on site and includes the charging, transportation and storage of e-scooters. basket STEVE PORTER SERVICES. Such businesses will have to nominate an EU country through which they would have to perform their EU MOSS reporting, or report and pay VAT separately in each jurisdiction with which they trade. Those traveling with non . Your coupes from your estates? Nestled on the shores of Virginia's James River, Isle of Wight's residents enjoy the rural nature of the county coupled with the quaint atmosphere of the two incorporated towns, Smithfield and Windsor. However, staff at Isle of Man Customs & Excise receive copies of all UK VAT notices, leaflets, UK departmental guidance, and are free to seek advice from HMRC policy teams on all aspects of VAT. London, WC1N 3AX, UK, Copyright 2000-2023 Motors.co.uk Limited. The ground floor around 90m2, with a small garden in backyard. The spirit of the agreement between the UK and the IOM is that IOM legislation will continue to generally mirror UK legislation and procedures, so maintaining a customs union and common indirect tax area. The IOM is not part of the UK and the common tax area between the two countries results from an agreement between the UK and the IOM governments. This part of GOV.UK is being rebuilt find out what beta means, This guidance explains how VAT applies to the Isle of Man (IOM) and how this affects the control of UK businesses with establishments in the IOM and IOM businesses with establishments in the UK. Vacant. As such, Swiss VAT is levied on goods and services in Lichtenstein, but the tax is administered locally. Surrounded by an Area of Outstanding Natural Beauty within a peaceful cul-de-sac, this beautifully presented three-bedroom home comes complete with gardens and off-road parking as well as a garage. If you sell B2C remotely to NI you charge domestic VAT until you reach a threshold. When you sell to IOM from the EU it is export and customs clearance in some cases is a buyers responsibility. In Antique, Collectables and Vintage. It will take only 2 minutes to fill in. 1. Cumbernauld Extracts from the Customs and Excise Agreement 1979, Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme. The IOM Customs and Excise Service is accountable to the Treasury of the IOM Government. However, while the Canary Islands are part of the EU for customs purposes, they are outside of Spain and the EU for VAT purposes. Welcome to the Hampshire Constabulary website. You have rejected additional cookies. VAT is generally levied around the globe at a federal/country level. Can be used for other purpose as per permission . A buyers charge of 1,200 including VAT is payable on each lot that you buy, in addition to the sale price. In Amazon and eBay reports, you will see GB as a country of arrival, but you can distinguish sales to Jersey by arrival ZIP code it always starts with JE (for example JE2 4LD). the Isle of Wight was still part of the UK. You'll need an application form, a recent photograph of yourself and proof of Isle of Wight residence, such as council tax notice or driving licence. As a rule, you can reclaim Value Added Tax on purchases relating to the business sales. CHANNEL ISLANDS PALLET DISTRIBUTION: JERSEY / GUERNSEY. Businesses that have customers in the above territories should ensure that they are correctly accounting for the right rate of VAT on sales. On 1 April 1980 the IOM formed its own Customs and Excise Service and responsibility for collecting VAT was passed to them. Instead of applying Spanish VAT, there is a local Sales Tax called Impuesto General Indirecto Canario (IGIC) in the Canaries with a standard rate of 7%, a higher rate of 13.5%, and a reduced tax rate of 3% (with a zero rate for certain basic need products and services). In case you have a GB VAT number and your warehouse is located in the UK when you sell goods to IOM buyers you need to collect GB VAT according to the agreement between UK and IOM. Businesses that provide certain electronically supplied services to customers in the EU should note that the UK will no longer have access to the VAT Mini One Stop Shop (MOSS) system for reporting VAT in other Member States. As with IOM when you sell your goods to this region remotely for your UK or EU business it is exported with 0% VAT. As I Drive past Chale Sports field, The Showground, Calbourne Cricket pitch, Colwell Common etc, l think "it won't be long before Spring is approaching and the season kicks off proper with the arrival of Warmer . If you have a complaint about the editorial content which relates to inaccuracy or intrusion, then please contact the editor here. All correspondence must be addressed to the Collector. Get a special combined ticket fare when using the Island Line to Ventnor. Tweets & replies. Pets. You can contact the auctioneer on +44 (0)1983 402222 for more information. During the transition period, for most purposes everything remains the same as it was. However, the Isle of Man is not, and never has been, part of the UK nor is it part of the EU. As such, Italy and Switzerland have agreed to introduce a local consumption tax in Campione dItalia that is aligned with the Swiss VAT rates to ensure a level playing field. The business has been trading under the current owners for 12 years and is an Interflora member, meaning they can deliver to customers worldwide.. Leasehold: 165,000. Flats for Sale in Blackwater, Newport, Isle of Wight; Houses for Sale in Blackwater, Newport, Isle of Wight; Bungalows for Sale in Blackwater, Newport, Isle of Wight; Mortgage brokers in; Testimonials; Area Guides; Estate Agents in; Property valuation in; . (23-01-2023). Well send you a link to a feedback form. View more USED cars for sale Nearly New 168 nearly new cars for sale in Newport-Isle-Of-Wight Isle of Man Customs & Excise administer VAT locally, although they are required to follow and implement UK policy and practices. SINGLE PALLETS / MULTIPLE PALLETS / FULL LOADS. Steephill is a hamlet near Ventnor, and Steephill Cove lies roughly 400 yards to the south of the town. East Newport Family Hub has additional delivery sites in West Newport, Cowes and West Wight. Find used cars for sale on the Isle of Wight from our locally sourced, expertly prepared Island cars. Electric vehicle charging infrastructure strategy. The eight main islands are Tenerife, Fuerteventura, Gran Canaria, Lanzarote, La Palma, La Gomera, El Hierro and La Graciosa. 31% of second hand cars in Isle of Wight are . Custom House My company is registered in the UK and i provide advertise space on websites to a business registered in IOM. In the UK the Agreement was implemented by the Isle of Man Act 1979. Practical effects. Parkers has a huge range of approved-used cars for sale in Newport-Isle-Of-Wight. But worth it for Minghella Ice Cream. However, following Brexit and under the terms of the Northern Ireland Protocol, Northern Ireland is treated as part of the European Union (EU) for VAT and customs purposes solely in relation to goods. Get a quote today and compare prices from the world's leading carriers. :). Dont include personal or financial information like your National Insurance number or credit card details. Lake Lugano is a glacial lake situated on the border between southern Switzerland and northern Italy. The Lakes Rookley is set in 23 acres of beautifully manicured parkland in the heart of the Isle of Wight and makes for the perfect leafy lakeside hideaway. While updated periodically, it should not be construed as an authoritative list of all applicable VAT rates. They are autonomous communities of Spain. It takes you to Ryde Pier Head, a train station and ferry terminal situated at the end of the pier. I can see it from here, but I've never been there. No pitch fees until 2024. This site is a beta, which means it's a work in progress and we'll be adding . Get 500 worth of ferry vouchers when you buy on any park at Isle of Wight. This page is for reference purposes only. Well send you a link to a feedback form. Please be aware there may be other additional fees, including disbursements contained in the legal pack . . This guidance explains in detail how VAT applies to the IOM and the practical effects of this on the control of UK businesses with establishments in the IOM and IOM businesses with establishments in the UK. New and pre-owned caravans for sale. But Brexit is far from done. The Isle of Man, by virtue of its unique Customs and Excise Agreement with the United Kingdom, is treated as part of the UK for Customs, Excise and Value Added Tax (VAT) purposes.The UK operates a system of customs duties and regimes whereby non UK goods arriving at a UK port must clear Customs and any duties or taxes that are due is paid. They are autonomous communities of Spain. In the center of Newport Isle of Wight, Located next to retail park and all amenities. A collection of early Isle of Wight monochrome and. The Republic of San Marino is a small county in Southern Europe enclaved by Italy. The business in IOM has it's parents company in British Virgin Islands and Cyprus but i send invoices to the IOM address and they are VAT registered in IOM. I headlined there in 2011 and was stuck in traffic for hours trying to get off. Electric car charging points on the Isle of Wight were hacked to show pornography. Sign up for FREE today! Tweets. There are conditions attached, such as the asset must not be used for trade, but it remains a useful regime that can save owners from large VAT bills if they want to use their assets in the EU. Discover the Accounting Excellence Awards, Explore our AccountingWEB Live Shows and Episodes, Sign up to watch the Accounting Excellence Talks, Adobe Connect Users Mailing Address Database, Company winding up, director needs to buyback van, Getting started with client engagement letters, A fool-proof marketing strategy for accountants, How digitalisation will help grow your practice, Tribunal orders 54,030 tax bill for diner owner, HMRC: 58% of agents log in to client accounts. Sales tax rates, rules, and regulations change frequently. Best Chinese Restaurants in Isle of Wight, England: Find Tripadvisor traveller reviews of Isle of Wight Chinese restaurants and search by price, location, and more. This company which sends payment from Cyprus but i send them invoice to their Isle of Man company. Guernsey currently has no VAT system but has recently proposed the introduction of a GST in the future. This may involve setting up custom tax calculation policies in their ERP, ecommerce platform or tax engine based on more granular address data. Welcome to our County! The Faroe Island does however have its own local VAT, which in Faroese is called Meirvirirgjald (MVG). Used vans for sale in Isle of Wight 1,050 vans Reset More options Mercedes-Benz, Sprinter 2018 314 CDI DOUBLE CAB TIPPER TOOL AREA 24 20,724 Inc. VAT Finance available 405 pm *Representative example 2.1L 60k Miles Diesel Manual Chassis Cab Performance Vans Limited 023 9427 6733 * 132 4 bedroom houses for sale in Isle of Wight. View Lakehouse Getting around Open park map Park information Directions Find us The Lakes Rookley Main Rd Rookley Ventnor PO38 3LU Speak to our team 0330 053 7000 Holidays Holiday homes for sale And with 4 holiday parks to choose from, you're never far from the island's beautiful coastline, beaches and top attractions. . 0141 376 8401. AN ISLE of Wight man accused of declining to undergo a police roadside breathalyser test, is to stand trial after telling magistrates he had no case to answer. UK marketplace legislation about deemed transactions doesnt apply to sales to Guernsey. Brexit will close some doors for the Isle of Man, but will open others. Sandham Gardens is a relaxing day out for all . Isle of Wight Family Centres provide information advice and guidance to families across the IOW with 3 Family Hubs. Company Registration 830401. UK businesses that incur EU VAT will no longer have access to the so-called 8th Directive EU VAT reclaim system, now instead having to follow the 13th Directive process available to non-EU businesses a somewhat more onerous and unfamiliar system. Retail, ecommerce, manufacturing, software, For online, ecommerce and bricks-and-mortar shops, For apps, downloadable content, SaaS and streaming services, For manufacturers with international supply chains, Insurance tax compliance software for policy providers, brokers, and agents, Partnerships, automated solutions, tax research, education, and more, An omnichannel, international sales solution for tax, finance, and operations teams, Manage registrations, simply and securely, Check U.S. nexus and tax responsibilities, How to Win in Retail: 2022 ecommerce tax trends. Wed like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. It will take only 2 minutes to fill in. The Isle of Man can also be used as the country of non-EU registration and ownership for such assets, similarly to how the likes of the Cayman Islands and the British Virgin Islands are already, but with advantages such as geographical proximity, strong regulation and recognition from the EU that the further-flung island nations lack. 2. Prices for the Isle of Wight ferry might change depending on the season you wish to travel. Section 6 of the Act relates to VAT and is reproduced at VIOM05000. Sell your items, cars, property to others in Isle Of Wight As such, VAT is levied in Monaco on the same basis and at the same rate as in France. The Standard VAT Rate is 20%. You have accepted additional cookies. With on-trend interiors and an open plan living space, they're the perfect base for your ideal getaway. Property. No, the Isle of Wight is inside the UK and not subject to any border control. That means that if you send goods from the EU your customers need to do customs clearance. However, there are some taxes and duties that are not shared (eg air passenger duty and machine gaming duty) or implemented in the IOM (eg climate change levy, insurance premium tax and aggregates levy). As with any export, you as a seller apply a 0% VAT rate to remote sales to IOM. Jersey is outside the UK VAT area. Here we have set out our top 10 special territories to look out for and pay careful attention to. If you have any questions, or would like to learn more about taking the next steps with Equiom, please select one of the options below. Remember to put your watch back 40 years. See 372 results for Seafront property for sale Isle Of Wight at the best prices, with the cheapest property starting from 25,000. Dream Lifestyle business Sandown, Isle of Wight Our standard fares for day, period return and single flights as well as great value family flight tickets. There should however be a bungalow tax sufficient to make all islanders build proper houses instead. This guidance explains how VAT applies to the Isle of Man (IOM) and how this affects the control of UK businesses with establishments in the IOM and IOM businesses with establishments in the UK We use some essential cookies to make this website work. And then, do not charge the IoM company VAT because they deal with their own stuff? For such orders in Amazon and eBay reports, you will see GB as a country of arrival, but you can distinguish sales to Guernsey by arrival ZIP code it always starts with GY (for example GY3 5UH). Send your parcel to the Isle of Wight and access some of the cheapest rates. The Isle of Man will no longer be considered an EU establishment for assets whose ownership is based here. Does a UK Registered business needs to charge and pay VAT on payments from IOM business? We're part of UK, same tax as the rest of England. EU VAT representation requirements differ for non-EU owned assets as compared to EU owned ones; for example, fiscal representatives need to be appointed in the EU which come with costs and obligations. With regard to VAT, within the UK and Isle of Man this will probably remain the same in the short term, though the Government will have leeway to implement any changes it sees fit going forward. Passport to Porchfield - a ticket to Ryde. International Debt Unit Located in the English Channel, the Isle of Wight is one of the United Kingdom's most highly populated islands. By Richard McGlashan, Equiom Tax Services. 2021 5 door automatic electric in blue with 9004 miles. We will refer you to Carmoney Limited (FRN 674094) who pay us a fixed commission per paid out deal. VAT is collected in the IOM under the Value Added Tax Act 1996 (of Tynwald). Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme. Ryde Family Hub has additional delivery sites in East Cowes and Pell Lane Ryde. is alledgedly the most expensive ferry crossing per mile in the world (citation needed). Technical Information, VAT, Duty and Interest Rates, Interest rates for VAT, customs and excise duties, Some goods and services, eg childrens car seats and home energy *, Zero-rated goods and services, eg most food and childrens clothes. To help us improve GOV.UK, wed like to know more about your visit today. The Principality of Liechtenstein is a German-speaking microstate located in the Alps between Austria and Switzerland. 896 Property & houses for sale in Isle of Wight. Get a comprehensive look at the latest developments in the ecommerce industry. In the tourist town Shanklin high street (Isle of Wight), centre location, walking distance to beach. If you require further information or advice about how Brexit will impact you or your clients, please contact Richard McGlashan. Guernsey this country is not a part of the UK and not a part of the EU. 454 Houses for sale in Isle of Wight. Large prominent Independent MOT & Service Repair garage. Given the inability to conduct negotiations in 2020 due to COVID-19, together with the fact that typical trade deals can take multiple years to hammer out, the likelihood of the UK entering 2021 with no EU trade deal in place now looks an odds-on favourite. Q "Whats the difference between an Isle of Wight company and a English one", A "To you, 1,000 on the formation costs". Possibly the Island's most recognisable landmark is The Needles Rocks and lighthouse, nearby to which The Needles Landmark Attraction is full of things to entertain all the family. The Principality of Monaco is a sovereign city-state on the French Riviera. With effect, January 1, 2020, the Italian municipality of Campione dItalia and the Italian waters of Lake Lugano are now included in the EU customs territory. A Single fare costs just 2.50 (child 1.25), and Day Returns are 4.00 (child 2 . Ventnor, Isle of Wight, England. Do you or a loved one need help to live independently? Hovertravel Ltd Company registered in England, UK. Northern Ireland is located in the northeast of the island of Ireland and shares a border to the south and west with the Republic of Ireland. Sales of goods between Great Britain and Northern Ireland are subject to UK VAT (technically this is an export and import VAT is invoiced, but in practice UK VAT is charged and collected like any normal domestic sale), Supplies of B2B goods between Northern Ireland and the 27 EU member states (and vice-versa) are treated as intra-community dispatches (subject to acquisition VAT by the customer in its VAT return), Supplies of B2C goods from Northern Ireland to consumers in the EU can be reported on the One-Stop-Shop. Importing an asset into the Isle of Man will now only grant it access to the UK; a separate importation will be necessary in an EU Member State to grant EU access. This website and associated newspapers adhere to the Independent Press Standards Organisation's Editors' Code of Practice. Welcome to our gorgeous Lakehouses. 116 Flats for sale in Isle of Wight. There are also opportunities for the Island, however. The Isle of Man has never been a member of the EU, despite the words European Union emblazoned on Manx passports, but has had a unique relationship with the bloc due to its VAT and Customs agreement with the UK. Isle of Man Customs & Excise is self contained for the administration of VAT, although they are required to follow and implement UK policy and practices a separate register of those businesses registered for VAT in the IOM is kept at the Isle of Man Customs & Excise address which is also responsible for the control of Manx registered businesses. In winter, the laughing call of the common loon adds to the wilderness . 84 2 bedroom houses for sale in Isle of Wight. Fresh from an incredible weekend at cinch presents the Isle of Wight Festival 2022, we're thrilled to go straight back on sale with IOW2023 Tickets can be bought from as little as 15.98 a month on Ticketmaster with the flexible payment options available at checkout. Live Music Venue Newport, Isle of Wight isleofwightfestival.com Joined February 2009. I read many links, and it is seriously confusing. This guidance explains how VAT applies to the Isle of Man (IOM) and how this affects the control of UK businesses with establishments in the IOM and IOM businesses with establishments in the UK. OZEV Government grant funding applications for this month ends in 28 Days 23 Hours 05 Minutes 31 Seconds Name Telephone Email The VAT rate businesses charge depends on their goods and services. Dont worry we wont send you spam or share your email address with anyone. Offered for sale is this well-presented floristry business along with the remainder of a 125-year lease. Throughout this guidance any references to the Act, sections or schedules are to the Value Added Tax Act 1994 (VATA 1994), unless otherwise stated. This part of GOV.UK is being rebuilt find out what beta means, Purpose of guidance