03/08/2021
Notifying the option to tax land and building is now 30 days
From 1 August 2021 the notification period to HMRC for the option to tax land and building has returned to its original 30 days.
As a result of the pandemic HMRC extended the deadline to 90 days to allow businesses and agents more time to notify them, however this came to an end on 31 July 2021.
If you do need to notify HMRC of a decision to opt to tax land and buildings, then you must do so within 30 days by either:
- printing and sending the notification, signed by an authorised person within the business
- emailing a scanned copy of the signed notification
For further information on the option to tax land and building, please contact Alan Rolfe on 023 8046 1235.
;