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
The tenant that rents one of your properties wants to move to smaller premises and sublet your property to someone else. You have no objection, but as you opted to tax the property how might this
affect your VAT position?
Published 01.06.2021
You have planning permission to convert an empty commercial property into flats. You haven’t decided whether to let or sell the property when they are completed. Are there any VAT pros or cons that
might affect your decision?
Published 06.01.2022
Opting to tax a property began in the 1980s following an EU ruling to override UK VAT rules. The main effect is that you must usually charge VAT when you make supplies of the property, e.g. charge
rent, but why should you bother opting?
Published 17.05.2024
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
If you’re buying or selling property in this depressed market, there’s an important change around the corner which could save buyers both VAT and Stamp Duty. And if you’re selling, it could make it
easier to find a buyer. What’s the story?
Published 15.05.2009
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
Renting out residential property is an exempt supply, which usually means you can’t reclaim any of the VAT you’ve paid on running costs. But if you’re already VAT registered, might there be a way to
get around this rule?
Published 31.05.2011
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
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