The Upper Tribunal recently ruled that charging rent for a market stall pitch was standard rated, even thought letting land or property is usually exempt. Does this mean that you’ll now have to
charge VAT if you let a business premises?
Published 10.11.2016
You moved your business to new premises. Under the terms of the lease work was done on the old premises to restore it and your former landlord billed you for it, including VAT. Your accountant says
VAT wasn’t payable and you should demand it back. Why?
Published 19.04.2023
You need to extend your business premises. The trouble is that while the landlord has granted permission you’ll actually pay for the work. As your business will benefit you’re okay with this, but can
you recover the VAT on the cost?
Published 20.02.2017
It’s no secret that the buy-to-let market has recently been targeted with increased and additional taxes. However, some landlords might be overlooking a tax-saving opportunity. What’s involved?
Published 07.07.2016
Where a commercial property is VAT-exempt, you don’t have to charge VAT on rent. However, you’re making costly improvements and the exempt status means you won’t be able to reclaim the VAT on these
costs. Is there a solution?
Published 11.07.2012
You’re buying new premises for your business. VAT is payable on the price, but you’ll only have to fund this until you reclaim it on your next VAT return. However, why do you need to think beyond
this?
Published 28.11.2014
If a tenant is struggling to pay you rent, rather than see them go bust and lose the income altogether, granting a rent-free period could benefit you both. How would this affect your tax position?
Published 07.01.2021
You’ve bought a holiday home which you intend to let when you’re not using it. You thought renting residential accommodation was VAT exempt, but you’ve now been told you should charge it. Why, and
does this mean you need to register?
Published 09.04.2018
In April 2018 HMRC launched its pilots for Making Tax Digital for VAT and business. It’s now added landlords to the list. Is using the MTD pilot worth trying or should you avoid it for as long as
possible?
Published 13.06.2018
You’re breaking into mail and online orders as a way to boost sales and are in the process of creating a price list for your website. The price you charge for postage etc. needs to be to reflected in
this, but should you add VAT to it?
Published 08.12.2017