Is my property VAT registered?

Published: 10/12/2024

How to Check if Your UK Commercial Property is VAT-Registered

1️⃣ Review Your Lease or Contract: Look for any mention of VAT charges on rents or sales—it should be clearly stated.
2️⃣ Ask Your Solicitor or Agent: They can confirm whether the property has been “opted to tax,” meaning VAT applies.
3️⃣ Contact HMRC: As the owner, you can check directly with HMRC to confirm your VAT registration status.

If VAT applies, remember to add 20% to the price or rent. However, some transactions, like certain leases or sales, may qualify for exemptions—so it’s worth digging into the details!
Being informed can save you time and money. 💼💰