Thank you for your question..
Where is your company based and where would you account for your income?
Would you have an operation in the UK?
Thank you for your reply..
Outsourcing means a cost to your organisation.
If the invoices for your fee (30% of gross rent) are going to be raised by the company in China and the money is going to the company there, then there is no VAT implication.
The company will not pay VAT for services undertaken by it in China.
I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
Thank you for your reply.
Your friend's company is not letting properties but introducing potential tenants to potential landlords.
I will appreciate if you would kindly rate/accept the service I provided to ensure I get credited for it by Just Answer.
Where are you managing the property from..
If you are providing the service from remote then there is no VAT.
If you were trading from a business address in the UK, then VAT applicable.
I hope this is helpful.
Hello there, just checking to see if you need further information or explanation on points covered.
First of all, you only have to register for VAT if your vatable sales exceed the threshold of £83,000.
You are providing a service to your customers from a remote location..
More information on VAT registration etc is covered here
Furthermore, as a general rule rent is exempt from VAT unless the landlord that opted to tax.
More information on this can be found here
I hope this is helpful