Gerhardt Posted January 29, 2022 Posted January 29, 2022 (edited) I think I know the answer but hoping there is some loophole or some more info that I am unaware off. We are converting a chalet bungalow into a house(well almost). We are replacing 95% of the structure, literally only keeping 10m of the 18m font wall of the property, everything else gets ripped out and will be rebuilt. Any scope for wangling new build VAT relief. Edited January 29, 2022 by Gerhardt
Simplysimon Posted January 29, 2022 Posted January 29, 2022 why keep 10m of something which is of very little use?
jack Posted January 29, 2022 Posted January 29, 2022 If you demolish to the foundations leaving no more than the facade standing, and this is a planning requirement, it can be treated as a new build for VAT reclaim purposes: see section 3.2.1 here I seem to recall that this is treated very strictly, so you need to be careful about how you go about it. Personally, unless you have no other choice, I'd nuke the lot and start again. 2
Andrew Jones Posted April 13, 2022 Posted April 13, 2022 Leaving 1 wall standing will slow you to qualify for VAT reclaim and zero rating from contractors
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