VAT on property disposals

Produced by a Tolley Personal Tax expert
Personal Tax
Guidance

VAT on property disposals

Produced by a Tolley Personal Tax expert
Personal Tax
Guidance
imgtext

This guidance note provides an overview of the VAT treatment of selling property that is located in the UK. The UK includes Great Britain, Northern Ireland and the territorial sea of the UK.

The sale of any land or building located outside the UK is outside the scope of UK VAT. Although a transaction relating to land or a building located outside the UK is outside the scope of UK VAT, the supply may be subject to VAT or a similar tax elsewhere. For example, VAT in the Republic of Ireland should be considered in relation to land and buildings located in the Republic of Ireland.

For information about VAT in the EU, see the VAT in the EU guidance note.

For information about VAT outside the EU, see the VAT outside the EU guidance note.

This guidance note summarises the VAT issues on disposing of property. For a similar summary of the VAT issues on acquiring a property, see the VAT on property acquisitions guidance note.

What type of property is being sold?

A

Continue reading the full document
To gain access to additional expert tax guidance, workflow tools, generative tax AI, and tax research, register for a free trial of Tolley+™
Powered by Tolley+™
  • 30 Mar 2026 10:35

Popular Articles

Foreign exchange issues

Foreign exchange issuesOverview of foreign exchange provisionsForeign exchange (FX) movements are generally taxed following the rules applicable to the underlying income, expenditure, asset or liability on which they arise, broadly as follows:Capital assetsOn a realisation basis (ie on disposal)

14 Jul 2020 11:44 | Produced by Tolley Read more Read more

Taxation of loan relationships

Taxation of loan relationshipsThe vast majority of companies will have loan relationships and so will need to consider how they are taxed under the loan relationship rules. There are also specific provisions dealing with relevant non-lending relationships and other deemed loan relationships.

14 Jul 2020 13:48 | Produced by Tolley Read more Read more

Fuel-related payments / mileage payments

Fuel-related payments / mileage paymentsIntroductionMost employers will make payments to employees in relation to business travel. Among the most common payments in relation to business travel are fuel and mileage payments. If an employer does not reimburse these amounts, then the employee will be

14 Jul 2020 11:46 | Produced by Tolley in association with Philip Rutherford Read more Read more