Letting of property

Overview

This section covers the Value-Added Tax (VAT) treatment of letting property from 1 July 2008, with the exception of lettings covered by transitional measures for a waiver of exemption.

Letting property is a service and includes leasing and letting. It does not include supplies of freehold equivalent interests. Lettings are exempt from VAT. However, you may opt to tax a letting subject to certain conditions.

Please see further guidance for information in relation to the letting of accommodation for use as ‘emergency’ accommodation.

Next: How does a landlord opt to tax a letting?