Normally rent is exempt for VAT. When a business wants to charge VAT on rental income, HMRC needs to be notified within 30 days. When the business has opted to tax for the rental income, all of the VAT…
YOUR OUTSOURCED ACCOUNTS DEPARTMENT
Normally rent is exempt for VAT. When a business wants to charge VAT on rental income, HMRC needs to be notified within 30 days. When the business has opted to tax for the rental income, all of the VAT…