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Hi Alan, client is selling commercial property. He bought it in 1995 for €55k. No vat was reclaimed on purchase. The only work done on premises since was to put in a new yard costing €5k in 1996. He now has an offer of €100k for the property. Will he have to charge vat on the sale or is it exempt from vat? Anything else to watch out for? Thanks John

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Asked on 4 March 2020 10:29 am