Reply To: Building land bought and later sold – VAT registration necessary? Forum Categories › VAT REGISTRATION › Building land bought and later sold – VAT registration necessary? › Reply To: Building land bought and later sold – VAT registration necessary? 1 November 2022 at 23:06 #56275 Trevor SParticipant Residential rents will be exempt from VAT, so won’t count towards the registration limit. Provided that they don’t opt to tax the land, those sales would also be VAT exempt.
