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Building Survey
Miel
Posts: 6 Forumite
I have been obtaining quotes for a building/structural survey on property which I am in the process of purchasing.
Some of the quotes include VAT or state that VAT will be payable, and others have said that VAT is not payable. The property is residential and this information was included when I requested the quotes.
Does anyone know why some firms would say that VAT is payable on this and others would say that it isn't?
Some of the quotes include VAT or state that VAT will be payable, and others have said that VAT is not payable. The property is residential and this information was included when I requested the quotes.
Does anyone know why some firms would say that VAT is payable on this and others would say that it isn't?
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Comments
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I think that Vat is only usually payable when a business income reaches a certain level, so perhaps those saying no vat is payable are sole traders & not earning over the threshold to pay the tax.The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0 -
Does anyone know why some firms would say that VAT is payable on this and others would say that it isn't?
Nothing to do with the type of property, just depends on (a) whether the surveyors are VAT-registered (though I expect most are), and (b) whether they think it's more attractive to quote a VAT-exclusive price or include it. Normal practice for professionals is to quote their rates VAT-exclusive though.0
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