Supply of property

VAT treatment of options, easements and rights of way

VAT treatment of options

Where an option is granted to a person for the right to buy a property after a certain period of time, the Value-Added Tax (VAT) treatment depends on the VAT status of the underlying asset.

VAT treatment of granting of easements and rights of way

The granting of an easement or a right of way is considered the supply of a service for VAT purposes. The supply is subject to VAT at the standard rate.