Property VAT Adviser

1. What are you doing with the property?

1.1. Selling it as it is

1.1.1. Is the property residential or commercial?

1.1.1.1. Residential

1.1.1.1.1. The sale of a residential property is exempt from VAT unless it is the disposal of a first major interest by a person constructing.

1.1.1.2. Commercial

1.1.1.2.1. Is the property under 3 years old?

1.1.1.3. Mixed

1.2. Selling it after construction work

1.2.1. Will the property be residential or commercial after the work is completed?

1.2.1.1. Residential

1.2.1.1.1. What was there before the work started?

1.2.1.2. Commercial

1.2.1.2.1. Will the property be under 3 years old when it is sold?

1.2.1.3. Mixed

1.3. Letting it out

1.3.1. Is the property residential or commercial?

2. Note: [Option to tax](https://library.croneri.co.uk/topic/vat-opting-tax)

3. Further reading: [In-Depth](https://library.croneri.co.uk/cch_uk/bvr/34-500)