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VAT reclaim on Excavator?


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Hello all,

 

i'm considering have a punt on an excavator in auction (and dumper) as I have a large amount of groundworks to do in the coming year and I'm thinking it will be cheaper long term than hiring.

 

Is it possible to reclaim VAT though on these does anyone know?

Many thanks.

 

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2 minutes ago, gc100 said:

Hello all,

 

i'm considering have a punt on an excavator in auction (and dumper) as I have a large amount of groundworks to do in the coming year and I'm thinking it will be cheaper long term than hiring.

 

Is it possible to reclaim VAT though on these does anyone know?

Many thanks.

 


Not unless you’re a VAT registered company. 

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Nope, unless you're planning to make them a permanent part of the fabric of your house :)

 

Same goes for any kind of tool or equipment, purchase or hire, and any consumables not directly contributing to the finish of the house. So paint is ok, paint brush and white spirit not ok.

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