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Is VAT payable on house sale & who pays it?

I'm selling at a whacking reduction but broke my rule of assuming nothing on this one.. if I get a clause in a sale contract which states no VAT payable but if any due it's included in the purchasers offer, I might as well give the house with a big ribbon on it saying with love and I will do your garden for a year as a wee bonus.

Asked on Sep 23 2010, Selling in Glasgow | Report content

Answers (2)

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  • VAT is not payable for the house itself, it is payable though on the services of any professionals you may used such as agents and solicitors.

    Answered on Sep 23 2010, Report content
  • VAT is only generally payable on certain commercial sales.

    Answered on Sep 23 2010, Report content

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