HMRC data is now available for April 2019 and the outlook continues to be positive. Not only have transactions risen between March 2019 and April 2019, but year on year transactions for April 2019 are approximately 14.6% higher than April 2018.
The chart below, shows that seasonally adjusted non-residential transactions have risen between March and April 2019.
Further report highlights:
Non-residential transactions followed a generally flat seasonal cycle between September 2010 and September 2013. Since then transactions have risen steadily.
The seasonal non-residential pattern generally features a low point at the start of the calendar year, with a corresponding peak each March, coinciding with the end of the financial year.
Year on year , non adjusted non-residential transactions in April 2019 were approximately 14.6% higher than April 2018.
To read the full report, please visit the HMRC website by clicking here
For further information on how Bridging Vat can help fund your next commercial property purchase, please contact us on email at firstname.lastname@example.org or by telephone on 01206 645 050.