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 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
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
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 personally own a buy-to-let property and you also own a company. The rules don’t allow you to reclaim the VAT paid on your property letting costs. How can you use your company to reclaim the VAT?
Published 19.10.2022
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
One of our subscribers, who runs a VAT-exempt business, is relocating, mainly to avoid paying VAT on rent. He’s been lumbered with a VAT charge on the deposit received back from his existing
landlord. Is there a way he can recover this?
Published 08.02.2012
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
As a landlord of a commercial property “opting to tax” will entitle you to reclaim VAT on its running costs. But if you’re renting out just part of a building, opting can land you with a costly
problem for the future. What is it?
Published 05.02.2015
From 1 November 2018 property service companies will no longer be able to use HMRC’s concession to exempt certain types of supply. As a landlord how might this affect you?
Published 27.09.2018