Categories:Real Estate,Tax,UK

VAT problems in store?

Changes to the VAT treatment of self-storage facilities, and the associated guidance issued by HM Revenue & Customs, make it very important for landlords to know what use their tenants (or other parties) are actually putting their property. 

Normally, VAT should only be charged on rent if the landlord has formally ‘opted’ to charge VAT. If no option to tax has been made, the landlord does not usually need to charge VAT. 

The rules, which are a departure from this general rule, apply to leases and licences of storage facilities even if they were granted before 1 October 2012. The rules affect, for example, a warehouse or a unit on an industrial estate let for storage space and mean that VAT is chargeable even if no option to tax has been made…

If you are registered and logged in to the site, click on the link below to read the rest of the Mills & Reeve briefing. If not, please register or sign in with your details below.  

Sign in or Register to continue reading this article

Sign in


It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Analysis from The Lawyer

  • head1

    LPOver and out?

    The trend for unbundling legal work is advancing through the law firm ranks but there is still resistance in some quarters - namely in-house. We asked why


Fountain House
130 Fenchurch Street

Turnover (£m): 79.50
No. of lawyers: 367