Register for VAT if you own land with another person
Find out if you need to register for VAT jointly or as an individual when you buy, let or develop land with another taxable person.
If you鈥檙e jointly making taxable supplies with another taxable person, the terms of any agreement you have will decide how you need to register for VAT.
You may need to register as a partnership for VAT even if there鈥檚 no formal partnership agreement.
When to register together
You need to register for VAT jointly with others if you鈥檙e making taxable supplies above the registration threshold and:
- you鈥檙e not the only legal or beneficial owner of the land
- you鈥檝e agreed to let or develop land together
- you鈥檒l share the benefits of the taxable supplies with those you鈥檙e working with
If you鈥檙e a trustee making taxable supplies with another trustee you鈥檒l normally need to register as a partnership.
A partnership only needs to register once. The nominated partner should do this.
You鈥檒l still need to use your individual VAT number for any business activity outside the partnership.
When to register as an individual
You should register for VAT as an individual, or use your existing individual VAT number if you鈥檙e making taxable supplies above the registration threshold and any of the following apply:
- you鈥檙e the only legal and beneficial owner of the land
- you鈥檙e the only taxable person who will receive income from the taxable supplies
- you, or those you鈥檙e working with, are only providing a service and don鈥檛 own the land
- the land is split between you and those you鈥檙e working with, and each taxable person will supply goods or services separately
If you register for VAT as an individual, any invoices need to show your business name or state what each taxable person is entitled to claim.
How to register
Follow the guidance for VAT registration.