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 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 own a commercial property but don’t have a tenant. To attract one you’re offering a financial inducement - a cash lump sum or a rent-free period. What’s the VAT position for you and the
prospective tenant?
Published 28.05.2020
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 has agreed to waive the arrears of rent owed by her tenant. In return the tenant will give up the lease on the property so that a new lease can be granted to a new tenant. Our
subscriber wants to know if there’s VAT to pay?
Published 03.11.2021
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
Your business is moving and you’re thinking of buying the new premises in your personal name, but there’s a possible drawback. Might personal ownership prevent recovery of VAT on costs relating to
maintenance and improvement of the property?
Published 06.02.2024
Airbnb and other short-term letting businesses face greater government regulation. The relatively good news is that at least there are no proposals to change the tax regime. So, if you’re thinking of
becoming an Airbnb landlord, what are the key tax considerations?
Published 26.05.2023