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.
If the seller is VAT registered and the property is defined as a 'supply' to the purchaser (i.e. it will not become his primary residence), the seller has to pay VAT.losed corporations and companies, said Clarke, almost always have to pay VAT on the sale of their properties even if property dealing is not part of their usual activity. Where the property is owned by a family trust its executors are required to register for VAT on sales that exceed R1m in one year.