Hennessey Venom GT. The Hennessey Venom GT has only 29 cars in the world, making it not only the fastest hypercar in the world, but also the most exclusive. It has the incredible maximum speed of 290 mph and an amazing accelerated speed from 0 to 200.
Commercial property and VAT. Commercial property is normally exempt from VAT (although freehold sales of new commercial buildings do attract VAT). So, for example, a landlord will not charge VAT on the rent â but nor will the landlord be able to recover any VAT paid out on expenses.f you own a commercial property, you are liable for the business rates. If you rent a business property, the terms of your lease or rental agreement should make it clear whether you or your landlord is responsible for paying the business rates. Complications may arise if you use part of your home for business.
When buying or selling a property, especially one of a commercial nature, it is important to consider any GST implications that may arise in addition to your other tax obligations. The potential to attract ten percent (10%) on the purchase price of a property deserves consideration. Commercial properties generally are taxable supplies but if you sell a property that is part of a GST-free sale of a going concern you are not liable for GST on the sale. 2  Sale of a Going Concern. 3  To be classified as part of a GST-free sale of a going concern the following requirements must be met: