Deadline for CON29 VAT changes confirmed
Following weeks of uncertainty over when the changes are being implemented, HMRC have confirmed dates for VAT being applicable on CON29 searches.
An HMRC spokesperson has said:
“We are creating a level playing field for all conveyancers. Solicitors will be able to claim back the VAT payable in the normal way.
“We are in ongoing discussions with stakeholders and will address any questions they may have.”
It has been confirmed that the change is to be implemented by local authorities from 1st January 2017. However, should any local authorities foresee delays in implementation, they are to inform the HMRC – with the final deadline being no later than 31st March 2017.