One of our subscribers rents a commercial premises and has the chance to buy it. The seller wants to charge VAT on the sale, which our subscriber wants to avoid, even though he could claim input tax.
Is this outcome possible?
Published 03.02.2020
A subscriber is an advertising business and recently purchased the freehold of new offices. It has reclaimed input tax on the purchase and opted to tax the building but now wonder if this was
necessary. Is there a potential solution?
Published 03.01.2023
Our subscriber’s premises includes a separate plot of land suitable for residential development. They intend to appoint a surveyor to get planning approval and then make a sale of land to a builder.
What VAT issues must they consider?
Published 13.09.2021
You want to buy a commercial property and have been advised by the seller that they opted to tax the building with HMRC, so must charge you VAT on the proceeds. But under what circumstances could you
buy the property without being charged VAT?
Published 04.10.2022
A subscriber has agreed to buy an empty warehouse. The seller said they will charge VAT on the sale so the subscriber opted to tax the building. The seller has now stated that the sale will be VAT
exempt. What does this mean for our subscriber?
Published 01.06.2020
You own a building that has a ground floor shop and a first floor flat, which you rent out. You opted to tax the property many years ago. But have you been dealing with the VAT correctly and can you
save some tax in the future?
Published 27.08.2020
You are buying a business that includes the freehold of the trading premises. You would like to own the property in a different legal entity but the seller says they will need to charge VAT if you do
this. How can you overcome this problem?
Published 02.05.2019
If your business rents a property and pays VAT on this, it creates a problem if it’s exempt or partly exempt because you have a restriction in the VAT you can claim. But is there a possible solution?
Published 01.03.2019
One of our subscribers rents an “opted property”. Due to staff working from home, they are looking to sublet two floors, one to an associated company and another to an unconnected business. Should
they opt to tax these agreements?
Published 01.10.2020