VAT on Maintenance charge
Hi, looking for clarification on the following VAT query.
I am a freehold owner of a property and the land on which its sited. There are a number of such properties all situated within a private site. The grounds, roads etc on this site are owned by a limited company.
By way of a covenant attached to the deeds, the limited company are responsible for the upkeep of the site, but not of the individual plots, and charge an annual maintenance fee, towards these costs.
When we receive the invoice for this fee we are charged VAT. Is this correct?
All help appreciated. Thank you
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