Should our Building Contractor be Charging VAT on our Projects?

21 May 2018
by Archive User

I recently read an article on VAT on new build projects in Build It Mag but am still unsure on our status. Our project is a new build showroom at ground floor level and one bed flat above.

Do you know if our building contractor should be charging vat on the projects? And does anybody know if the correct rate is it at 5 % or 0%? Does one rate apply to the commercial unit and zero on the residential? Can anyone there help with the answer or know where to find out?

Thanks

One Answer

  1. Mike Hardwick says:

    This is covered under VAT Notice 708 under what is referred to as apportionment. It can be complicated, so in this situation I would speak to the DIY Reclaim Helpline and explain your situation. You can contact them on 0300 200 3700.

    – Mike Hardwick, Build It expert

Leave a Reply

You may be interested in

Our sponsors