Is VAT payable on Commercial Properties?

VAT is payable on most commercial properties; it depends on whether your landlord or your seller has elected to waive exemption to VAT. If they have then VAT will be payable on the property.

Normally with VAT, you would find the answer to this in your CPSE Enquiries, also known as Commercial Property Standard Enquiries. These enquiries also go through the state of the property and if it’s got an EPC. Basically, they’re just bog-standard enquiries that every seller or landlord fills out for the buyer or the tenant to look through.

Our Commercial Property department have had years of experience in buying, selling and leasing of Commercial buildings. Our team can be contacted on 01302 341 414 or by filling out our online enquiry form!

In addition to this, here are 3 other articles our Commercial Property team has picked out for you that you may find useful:

• The difference between residential and commercial property
• Head of the Commercial Property Team’s best advice
• Law of Adverse Possession