I pay 13,500 a year on rent for a retail premise. I am getting hit very bad for VAT lately. I remember hearing some time ago, even if you did not exceed the 37,000 income you could still register for VAT. Hence, wondering if my landlord could register for VAT.
I have a good relationship with my landlord. First of all, does he have to register for VAT in order for me to offset the VAT which I pay on my rent(13,500 would be inclusive of VAT) against by VAT liability.
Secondly, if he does have to register for VAT does that mean that he will then have to make VAT returns himself
I have a good relationship with my landlord. First of all, does he have to register for VAT in order for me to offset the VAT which I pay on my rent(13,500 would be inclusive of VAT) against by VAT liability.
Secondly, if he does have to register for VAT does that mean that he will then have to make VAT returns himself