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  • FIRST POST
    druss_the_axeman
    Estate Agents Fees + VAT ?
    • #1
    • 16th Jan 08, 9:58 AM
    Estate Agents Fees + VAT ? 16th Jan 08 at 9:58 AM
    Just a quick simple question. Is it normal practice for estate agents to charge VAT on the fee when they sell your house. It's bad enough that their fees are way disproportionate to the work they do, but this just adds insult to injury.

    I spent some time negotiating our fee down to 1.25%, only to find in the documentation that it's now 1.25% + vat, only to find that makes the fee 1.46%.

    Also, I always thought the idea of VAT was that it was to cover the idea that an item could be sold on, how then can anyone charge VAT on labour or on fees like this.

    Cheers
    Duncan
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