Will I have to pay VAT on the sale of my property?

Last Updated On May 07, 2020

In most cases, transfer duty and not VAT is relevant for the sale of land. VAT will only be relevant if the seller is registered for VAT and the land is part of his VAT enterprise. If a farmer, registered for VAT, for example, sells his farm, such sale will be a VAT transaction.

Volker Krüger