Dumbest VAT question of all time (5% on conversions)

[Glenn]

My apologies to all in advance. I suspect I am going to look like an idiot asking this but....

 

I am doing a self build conversion of a farm building:

1. Category 1. Most costs via builder or groundworks. I have been correctly charged 5% for supply of services and material from both . All good

2. Category 2. Some material costs at full VAT (purchase by me). All good

 

Thinking ahead to that lovely time when I submit a VAT refund claim. For the above:

a. Can I claim the remaining 5% of VAT on invoices paid under Category 1, or remain grateful with with 15% bonus? I have been assuming the latter

b. Can I claim the full 20% of VAT under costs incurred in Category 2, or 15%? Again I've been assuming the latter

 

I'm sure you'll all agree these questions justify the topic title, but I have gone round in circles with the ambiguous language in online articles etc. Thinking maybe, just maybe....

 

Regards

Glenn

[Temp]

a. Yes you can reclaim the 5% on labor or supply and fit.

b. Yes you can reclaim the 20% on materials

 

The end result is the same as for a new build. Both conversions and new builds get all the VAT back, it's just the route getting there that is slightly different.

 

See VAT431C and the notes with it.

Edited July 8, 2022 by Temp

[Glenn]

Thank you! That is indeed an unexpected bonus. Will try again  to understand VAT431C.

 

Regards

Glenn