Apr
15
I have a business lease on a shop which did not haveVAT. now the Landlord is adding Vat which i cannot afford?
By
I really want to know if i can get out of the lease as i cannnot afford the lease with VAT on and also my landlord wants to back date it for the past 6 months which is really unaffordable.
I took the lease because it did not have VAT on and was in budget.
Quick House Sale
Related articles:
- What is my rights if my lease expired and landlord ask to sign a new lease or vacate the shop within one month After my lease expired and I did not renew it. The landlord ask me to sign a new lease at much higher price or vacate the shop within one...
- Can my landlord terminate my business lease early? I have had an argument with my landlord, and he is threatening to kick us out of our shop. Can he do this? We have 3 years left on...
- How to void a 2 year commercial lease if your business is downhills and your landlord refuses to negotiate? We signed a 2 year-commercial lease a couple of months ago. Our business is not doing well; and need to void the contract. Our landlord refuses to negotiate. Our...
- I can not afford my commercial lease and the landlord is unwilling to renegotiate, what can I do? If I just move out what can he do? If he files a lawsuit, could I file bankruptcy? please helpSell and Rent Back ...
- what is the process that a landlord takes when a commercial lease is in default ? I am not the landlord. i am in default on a commercial lease. Cannot afford a realestate attorney at this time. So if there are any attorneys with some...
2 Comments
February 28th, 2010 at 10:00 am
Surely he cannot back date it. If you have a written contracts that staes no VAT then he cannot change his mind till your lease is up. You could also register for VAT yourself and claim it back but might not be the right choice for you, need to ask accountant or book keeper. Good Luck let us know how you get on.
March 3rd, 2010 at 8:38 pm
Are you not VAT registered? – If so then you’d be able to claim it back.