Soldato
- Joined
- 12 Feb 2006
- Posts
- 17,418
- Location
- Surrey
we rent office space that doesn't have any vat charged to us by the landlord.
we sublet some of the space for lets says £500 per month.
since we did that we're now on the flat rate vat scheme.
our accountant at first told us that the sublet wouldn't need to pay vat, thankfully as that business is not vat registered.
recently they have decided otherwise and said we need to put all the x mount of previous years rent as though we charged vat for it.
we can't exactly go back and ask the business that we sublet to to pay an extra 20% for the last x years rent, and they wouldn't want to going forward either.
from what i understand supply of space is exempt but would like to see what those on here understand to be the situation.
we sublet some of the space for lets says £500 per month.
since we did that we're now on the flat rate vat scheme.
our accountant at first told us that the sublet wouldn't need to pay vat, thankfully as that business is not vat registered.
recently they have decided otherwise and said we need to put all the x mount of previous years rent as though we charged vat for it.
we can't exactly go back and ask the business that we sublet to to pay an extra 20% for the last x years rent, and they wouldn't want to going forward either.
from what i understand supply of space is exempt but would like to see what those on here understand to be the situation.