Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the advantage of a leaseback?

advantage leaseback
0
Posted

What is the advantage of a leaseback?

0

The big advantage is that the French government give you back the VAT which is paid on a new development, this is 19.6% of the price. But do your sums correctly, if the selling price is 100,000 euro then the price on which the VAT was calculated is 83,600 euro. You will get back 16,400 euro which is 16.4% of the price you paid. In other words you get back about one sixth of the total VAT inclusive price not one fifth. In some cases the price you are quoted is with the tax already recovered by the contractor.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.