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.

Frequently 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.

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