When it’s possible to reclaim VAT

3 December 2012

I have read that you can reclaim VAT on a renovation project as long as the property has been empty for two years prior to the renovation. Is this correct?

Answers

In fact, the building must not have been lived in for ten years before you can receive a VAT refund on materials. The Custom and Tax Department’s VAT Refunds for Do-It-Yourself Builders and Converters booklet states: “You cannot normally make a refund scheme claim for work on a building that has been previously been lived in. The exception to this is where, when you start your work, it has been at least ten years since it was lived in and following the work it is an eligible dwelling or residential building.” Call 0845 0109 000 for a free copy of the booklet.

3 December 2012

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