Issue - meetings

Local Authority Searches: Proposed Introduction of VAT and Launch of New Con29 Search

 

 

Meeting: 24/03/2016 - Cabinet (Item 9:)

9: Local Authority Searches: Proposed Introduction of VAT and Launch of New Con29 Search pdf icon PDF 333 KB

 

A report informing Cabinet of a recent decision by Her Majesty’s Revenue and Customs to introduce Value Added Tax at the standard rate on local authority Con29 searches and seeking approval to pass on the full VAT increase as part of the Con29 search fee.   

 

Contact: David Reid - 01484 221000

Decision:

(1) That the VAT applicable to Con29 search fees, which comes into effect from 4 July 2016, or as otherwise advised by HMRC, be added to the current chargeable rate.

 

(2) That the search fees for 2016/2017 remain at current levels (expecting the addition of VAT and the identification of any unexpected issues during the spring cost analysis).

 

(3) That it be noted that a full review of the costs will take place during  Spring 2017, following  the new Con29 being launched and operated.