Reclaiming VAT on New Builds
Posted on 21st January 2020 at 14:28
Notice VAT431NB (for new builds) and Notice VAT431C (for conversions) of the DIY Housebuilders Scheme, allow you to reclaim VAT from HMRC that you have paid out for your project if you are creating a new dwelling in its own right. These include; Existing dwellings that have not been lived in for 10+ years, converting another building into a dwelling or building a new house. We've incorporated a quick reference guide to enable you to check what type of projects will, and will not, allow for VAT reclaim, and what materials used will or will not allow for VAT reclaim. Download our information sheet about reclaiming VAT when building a new property.
Tagged as: New Build, VAT Reclaim
Share this post: