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Is Vat payable on a commercial property purchase?

Jane98 · 2012-07-31 16:03:44

Hi I am in the process of buying a small office commercial unit which was first developed in 2000. I am wondering what are the rules for VAT on the purchase price. Will I have to pay vat or not? The business I will be using in the premises will be VAT exempt.

31-07-2012 4:03pm

#1

Jane98

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Posts: 417

Hi
I am in the process of buying a small office commercial unit which was first developed in 2000. I am wondering what are the rules for VAT on the purchase price.

Will I have to pay vat or not?

The business I will be using in the premises will be VAT exempt.

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Comments

#2 01-08-2012 12:48am

Mr. Incognito

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DING DING

Property thread ban winner.

First prize a three day ban.

Congrats.

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