Barn conversion, vat, cil, pre commement app

[Rustyhead]

Purchasing a barn

I'm I right in thinking it's 5 vat on refurbishment and services (electricity/water) and the services should changed at 5% not 20, the water board as in a quote but not electricity. 

Think I've got my head around my pre approvals. 

Next cil, I understand I need to fill in 7 exemption and also 6 commencement. 

I'm troubled over the assume liability, I presume I need to do that also. I would of thought the previous owner would discharge himself from the cil and then I take over. 

Can I send all these in together or do I have to wait for each one to be notified ?. 

Also can they only be in one name? It's in one name at the moment (seen land charge doc) 

Just wondering who name to put on everything when it's a joint ownership home. 

Thanks for reading my early morning ramble ?

 

[newhome]

56 minutes ago, Rustyhead said:

I'm I right in thinking it's 5 vat on refurbishment and services (electricity/water) and the services should changed at 5% not 20, the water board as in a quote but not electricity. 

Yes it should be 5% on labour and supply & fit arrangements. I’m not sure what you mean about ‘not electricity’. Services should be 5% too as long as it’s a new connection. 
 

For materials on a supply only basis you pay 20% VAT but assuming that the project is eligible you can reclaim the 5% and 20% paid on eligible materials once the barn is complete. 
 

[Rustyhead]

Thank you newHome, since posting this the electric supplier updated the quote to 5% vat after my query to them. 

So that's another thing off my list.