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spud1

Joined: 22/05/2007 Posts: 544
Message Posted: 01/04/2008 14:59 | Join or Login to Reply | Message 1 of 20 in Discussion |
| when do you pay your vat on your property spud1 |
Jachin


Joined: 05/02/2008 Posts: 99
Message Posted: 01/04/2008 22:00 | Join or Login to Reply | Message 2 of 20 in Discussion |
| I have just recieved an e-mail from my builders asking for VAT (because of new law). I havn't had my title deeds or PTP yet so should I pay now or wait? |
saucyboy69

Joined: 09/02/2008 Posts: 111
Message Posted: 01/04/2008 23:27 | Join or Login to Reply | Message 4 of 20 in Discussion |
| David even worse we have just been asked to pay the KDV for our apartment that isn't even finished yet,, !! i think Imperial have got the cheek of the devil.. I have emailed Mine Konat to get her take on the situation although there has been loads of talk about the KDV now being required at key hand over stage on the VO BB there is a thread saying don't pay until transfer of deeds. We are holding off as we don't have the keys (as it's still not finished) .. Pete |
spud1

Joined: 22/05/2007 Posts: 544
Message Posted: 02/04/2008 00:32 | Join or Login to Reply | Message 6 of 20 in Discussion |
| elko2 my builder asked for vat to be paid today at the latest i have had the keys since last june and have used apartment many times but still have no mains electric or water we have to use a generator which they have to supply kibtek have still not inspected site yet do i still have to pay vat before completion spud1 |
elko2


  Joined: 24/07/2007 Posts: 4400
Message Posted: 02/04/2008 08:49 | Join or Login to Reply | Message 7 of 20 in Discussion |
| Spud1 You tell your builder you will pay it when a) He shows you the receipt from the tax office that he has actually paid the VAT, AND b) When he is ready to transfer the title deeds to your name. If he tells you that you have to pay it now according to the law, ask him to tell you exactly which law (the number and year) and which paragraph and you will look into it and give him your answer in 48 hours. We shall be all wiser if we know this so called law that demands the VAT now. |
saucyboy69

Joined: 09/02/2008 Posts: 111
Message Posted: 02/04/2008 10:59 | Join or Login to Reply | Message 8 of 20 in Discussion |
| Hi Ismet, As you will see from my earlier post we have also been asked to pay the KDV ASAP as "according to the new law we have to" as i stated above my apartment is not even finished and we do not have the keys we have just ignored the email from our builders so far and are waiting for Mine Konat to give us her "opinion" on what we should do. |
spud1

Joined: 22/05/2007 Posts: 544
Message Posted: 02/04/2008 11:17 | Join or Login to Reply | Message 9 of 20 in Discussion |
| elko2 many thanks have emailed builder waiting for a reply spud1 |
maggie

Joined: 25/03/2008 Posts: 192
Message Posted: 02/04/2008 11:23 | Join or Login to Reply | Message 10 of 20 in Discussion |
| What is the KDV. |
elko2


  Joined: 24/07/2007 Posts: 4400
Message Posted: 02/04/2008 12:19 | Join or Login to Reply | Message 11 of 20 in Discussion |
| KDV stands for "KATMA DEGER VERGISI" Katma= Added Deger= Value Vergisi= Tax ismet |
spud1

Joined: 22/05/2007 Posts: 544
Message Posted: 02/04/2008 14:27 | Join or Login to Reply | Message 12 of 20 in Discussion |
| hi elko2 had a reply from builder they have been in touch my with solicitor who is going to find out the latest on vat builder says it depends on when you bought apartment spud1 |
spud1

Joined: 22/05/2007 Posts: 544
Message Posted: 02/04/2008 20:13 | Join or Login to Reply | Message 13 of 20 in Discussion |
| hi elko2 the builder is now telling me if i dont pay vat i cannot have electrics connected spud1 |
beach resort

Joined: 15/03/2008 Posts: 25
Message Posted: 02/04/2008 21:27 | Join or Login to Reply | Message 14 of 20 in Discussion |
| hi spud, lee here met in cyprus, we have paid ours 2,700 pounds worth paid to builder, just one more tax to pay thank god in about 6 months, keep in touch buddy... |
spud1

Joined: 22/05/2007 Posts: 544
Message Posted: 02/04/2008 21:36 | Join or Login to Reply | Message 15 of 20 in Discussion |
| hi lee are you 2 ok when did you pay your vat when are you out again spud1 |
spud1

Joined: 22/05/2007 Posts: 544
Message Posted: 02/04/2008 21:40 | Join or Login to Reply | Message 16 of 20 in Discussion |
| hi lee & karen we will have to meet up sometime spud1 |
Living on Mars

Joined: 29/02/2008 Posts: 54
Message Posted: 03/04/2008 19:10 | Join or Login to Reply | Message 17 of 20 in Discussion |
| DO NOT PAY YOUR KDV until you have your Kocan, and you see the receipt from your construction company confirming that they have paid it first! I took advise from, ELKO, I quoted what he wrote and the construction company backed down completey, stating that I was right, and that I do not have to pay the KDV until the land had been parcelised and the Kocan was ready to be transferred .... ELKO is a very shrewd and brainy man ... take his advice my friend .... Go directly to KIBTEK with regards the connection of the electricity, there should not be a problem. We took along our bill of sale and they connected it in our name. We paid 540 YTL. |
spud1

Joined: 22/05/2007 Posts: 544
Message Posted: 04/04/2008 20:19 | Join or Login to Reply | Message 18 of 20 in Discussion |
| hi all been informed by my solicitor today once you have your keys the new is you have to pay your vat of 5% spud1 |
Daisy

Joined: 22/09/2007 Posts: 56
Message Posted: 04/04/2008 23:21 | Join or Login to Reply | Message 19 of 20 in Discussion |
| HI ,LIVING ON MARS, CAN YOU LET ME HAVE THE ADDRESS OF KIBTEK WHERE YOU PAID FOR YOUR METER TO BE INSTALLED . OUR BUILDER HAS STATED THAT HE WILL BE TAKING OUT THE METERS AND CONNECTING US WITH JUST ONE METER SO WE WILL ALL SHARE THE ELECTRICTY BILL (6 VILLAS) HE STATES THE METERS ARE HIS AND NOT KIBTEK,CAN HE DO THIS ? |
Lemtich


Joined: 15/02/2007 Posts: 1487
Message Posted: 05/04/2008 00:15 | Join or Login to Reply | Message 20 of 20 in Discussion |
| Daisy, look at the Kavanlar thread re the Electric meter purchase process, fairly recent posting near the end. Lem |
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