G G2007 Registered User Messages 36 14 Feb 2007 #1 Why do estate agents charge a vat rate of 21% when they just provide a service? I thought it should be 13.5%?? Also, what is the vat rate for solicitors on buying a new build and selling in the same transaction? Many thanks in advance
Why do estate agents charge a vat rate of 21% when they just provide a service? I thought it should be 13.5%?? Also, what is the vat rate for solicitors on buying a new build and selling in the same transaction? Many thanks in advance
U ubiquitous Registered User Messages 3,782 14 Feb 2007 #2 ...Because they are compelled to do so by VAT legislation. The VAT rate on professional services including all legal fees is 21%.
...Because they are compelled to do so by VAT legislation. The VAT rate on professional services including all legal fees is 21%.