In these circumstances do you think the service charge would be VAT exempt?
If so, I imagine it would benefit the landlord as he could reclaim the VAT output?
- Apartment block of 10
- Management company is managed by apartment owners
- Management company owns freehold
- Management company is VAT registered
- Service Charge is paid to Management company
Is this relevant?
http://www.banhamgraham.co.uk/cgi-bi...01&h=126&f=127
Thanks for any views.
If so, I imagine it would benefit the landlord as he could reclaim the VAT output?
- Apartment block of 10
- Management company is managed by apartment owners
- Management company owns freehold
- Management company is VAT registered
- Service Charge is paid to Management company
Is this relevant?
http://www.banhamgraham.co.uk/cgi-bi...01&h=126&f=127
Thanks for any views.
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