You have a chance to make money from buying a commercial building and then selling it to a developer for a profit. The trouble is the property is subject to VAT, which will wipe out your profit. Is
there a legitimate way to avoid it?
Published 26.06.2017
Our subscriber owns an unoccupied commercial property. She plans to convert it into two flats on the upper floors and a retail unit on the ground floor, which she’ll let. How much of the VAT paid on
the conversion costs can she reclaim?
Published 26.05.2023
When you bought your current premises you reclaimed the VAT included in the purchase price. Now you’re moving to bigger premises and selling the old property how should you handle the VAT?
Published 13.06.2019
Our subscriber is in the process of leasing a property to a tenant who will use the ground floor for her retail business and the upper floor as living accommodation. Could opting to tax the property
save her VAT?
Published 07.09.2021
One of our subscribers was converting an old office building into flats and asked us whether there were any top tax tips we could give her. She had done her research and was pretty clued up, but she
nearly missed out on a big VAT saving.
Published 22.06.2010
It’s time to move premises and you’ve found a buyer for your old one. But your accountant says if you sell to them you’ll have to repay some of the VAT you reclaimed when you bought the property.
Why? And can you get around this trap?
Published 29.11.2012
You recently married. Your partner’s income is considerably less than yours and so you’re considering giving a share of a property rental business to them to reduce the overall income tax. However,
could doing so land you with a VAT bill?
Published 23.02.2022
As a landlord you’ve probably heard about the VAT option to tax. While it can work to your advantage it has long-term consequences. How long does an option usually last and is there a way to end it
sooner?
Published 22.09.2015
Your business stopped trading some months ago and you recently received an offer for the lease on your former trading premises and equipment. What’s the VAT position and how should this be dealt with
in the sale agreement?
Published 07.09.2022
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