VAT on subletting

[anx]

Hi, :confused:

I am a tenant in a commercial property, My landlord doesn't charge me VAT. He also gives me some parking space which i am sub letting to somebody.

i am VAT registered, must i charge VAT on the parking space, or is it exempt?

Please rply asap desperatley in need of help

[Poppy]

Parking is not exempt from VAT, therefore you must charge VAT.

I found the answer on the HM Revenue and Customs website hmrc.gov.uk. Access their site and click on the VAT link. Found it very easily.

[islandgirl]

If you licence the parking space to him perhaps not as there is no vat on licences? Ask an accountant would be my advice.