| Commentary

99 VAT

| Commentary

99 VAT

The grant or assignment of sporting rights over land or any licence to occupy land for sporting rights is a standard-rated taxable supply for the purposes of VAT1. Care must be taken in drafting documents to ensure, if it is the intention of the parties, that VAT is payable on the rent by the grantee, as otherwise the owner will have to pay the VAT out of the rent received by him.

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