Toll Free: 80004440824

Frequently Asked Questions on VAT

Last updated on 17 August, 2018


 Back to FAQ

What is the VAT treatment for the sale of rented property?

For the supply of rented property, there are two cases: 

  • If a rented or partly rented property is sold to a VAT registered buyer -  VAT is not applicable.
  • If a rented property is sold to a non registered buyer for less than AED 375,000 - Standard VAT is applicable.
 Previous
Next 
Get your business VAT ready with Zoho Books, an easy to use accounting software
TRY IT FOR FREE

Source: