claiming vat on rental income
Mar 16th 2016, 1:30 pm
#1
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Thread Starter
Joined: Mar 2016
Posts: 1
claiming vat on rental income
My UK letting agent is adding 20% VAT to the amount of commission they charge me for letting out my UK property.
Can anybody please clarify whether I can reclaim this VAT or stop the letting agent from doing this?
I live outside Europe.
Any help much appreciated.
Russell
Can anybody please clarify whether I can reclaim this VAT or stop the letting agent from doing this?
I live outside Europe.
Any help much appreciated.
Russell
Mar 16th 2016, 6:46 pm
#2
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Joined: Dec 2005
Posts: 88,022
Re: claiming vat on rental income
Welcome to BE Russell. 
As you haven't said which country you are living in...I think you would be best posting your questions in our Moving Back To The UK Forum...
Moving back to the UK - British Expats
The regulars in that forum will help you if they can.
Good luck.
As you haven't said which country you are living in...I think you would be best posting your questions in our Moving Back To The UK Forum...
Moving back to the UK - British Expats
The regulars in that forum will help you if they can.
Good luck.
Mar 16th 2016, 11:24 pm
#3
BE Forum Addict
Joined: Oct 2006
Location: Nowhere - I'm a travelling (wo)man!
Posts: 2,362
Re: claiming vat on rental income
You can't reclaim the VAT, nor can you stop your agent charging it.
See here. The place of supply of property services is where the property is located. As both the supplier and the place of supply are in the UK, UK VAT rules apply, which means VAT is charged.
The VAT on the fee should be tax-deductible though.
See here. The place of supply of property services is where the property is located. As both the supplier and the place of supply are in the UK, UK VAT rules apply, which means VAT is charged.
The VAT on the fee should be tax-deductible though.
Mar 18th 2016, 9:49 am
#4
MODERATOR
Joined: Mar 2007
Location: Costa Valencia
Posts: 14,800
Re: claiming vat on rental income
Hello and a big welcome to BE.
Excellent information can be found in the BE Wiki, not forgetting the Living and Moving Abroad forum that will help you, another set of great help is the permanent threads at the TOP of each forum, they are very pertinent to that particular forum and makes sensible reading.
Moderators deal with any problems that arise such as inappropriate posts, spammers etc, you will find their names at the bottom right hand side of each forum's index in bold font.
Please contact me if I can give you any further help.
Rosemary
Excellent information can be found in the BE Wiki, not forgetting the Living and Moving Abroad forum that will help you, another set of great help is the permanent threads at the TOP of each forum, they are very pertinent to that particular forum and makes sensible reading.
Moderators deal with any problems that arise such as inappropriate posts, spammers etc, you will find their names at the bottom right hand side of each forum's index in bold font.
Please contact me if I can give you any further help.
Rosemary
