Costs
Option for VAT-taxable letting
Choice to charge VAT on rent.
The landlord and tenant can jointly opt for VAT-taxable letting, provided the tenant has sufficient VAT-taxable turnover. This prevents the landlord from being unable to reclaim VAT on maintenance and investments.
See also
Compare agency feesFrequently asked questions about Option for VAT-taxable letting
What does Option for VAT-taxable letting mean?
Choice to charge VAT on rent.
How does Option for VAT-taxable letting work in commercial real estate?
The landlord and tenant can jointly opt for VAT-taxable letting, provided the tenant has sufficient VAT-taxable turnover. This prevents the landlord from being unable to reclaim VAT on maintenance and investments.
Related terms in costs
Ask an agent
Unsure how this applies to your situation? Request a free rental or capital value assessment.
Free · no obligation · up to three proposals