HM Revenue & Customs 18 January 2016, VATLP04310 (Taxable person: managing agents for property: what is a 'managing agent'?)

Vat Land And Property › Taxable person › managing agents for property › what is a 'managing agent'? — VATLP04310Many landlords enter into leases with tenants, under which they (the landlords) are bound to repair and maintain the property. Often they do not wish to carry out these duties themselves, and so appoint a managing agent to assume responsibility for repair and maintenance of the property.