Thorfun Posted 19 hours ago Posted 19 hours ago We’ve moved in and had BCO sign off but the basement isn’t finished. I’ve boarded a room and need it plastered. Does it still count for zero Vat rating? It’s part of the original planning application and hasn’t been done previously so I would assume it’s still part of the initial build and so is zero rated. But does anyone have official evidence of this? also, at what point is a self-build no longer for zero rating of VAT?
Russell griffiths Posted 18 hours ago Posted 18 hours ago Don’t you have 6 months to put your vat claim in after bc sign off, so six months after sign off.
Thorfun Posted 18 hours ago Author Posted 18 hours ago 17 minutes ago, Russell griffiths said: Don’t you have 6 months to put your vat claim in after bc sign off, so six months after sign off. Sorry. Not vat reclaim. That’s been done. I’m talking about trades coming in to do work.
JohnMo Posted 18 hours ago Posted 18 hours ago 12 minutes ago, Thorfun said: Sorry. Not vat reclaim. That’s been done. I’m talking about trades coming in to do work. Once you have a completion certificate, until then you are still building. If you have a completion certificate by default you have said you are finished
Thorfun Posted 17 hours ago Author Posted 17 hours ago 22 minutes ago, JohnMo said: Once you have a completion certificate, until then you are still building. If you have a completion certificate by default you have said you are finished do you know if that's official? as i know builders who get a cert as soon as possible to get BCO off their backs and then continue working and finishing off. also means that any landscaping done that was part of the planning probably wouldn't be zero rated which seems unfair as most self-builders will have moved in before doing landscaping etc
Oz07 Posted 17 hours ago Posted 17 hours ago (edited) 1 hour ago, Thorfun said: Sorry. Not vat reclaim. That’s been done. I’m talking about trades coming in to do work. It's more a question of if you can convince the trade to zero rate as part of newbuild. It seems a grey area to me on a diy vat reclaim you'd probably get rejected but as your doing works as part of the planning for the new build if you can convince them to zero rate I'd probably go for it. Liklihood of them being investigated and vat assessor then researching your completion date would be small I'd think. Your probably going to pay more in profit and overheads than the vat you will save if you get contractors in. Are you are able to diy? Edited 16 hours ago by Oz07
Thorfun Posted 17 hours ago Author Posted 17 hours ago 1 minute ago, Oz07 said: It's more a question of if you can convince the trade to zero rate as part of newbuild. It seems a great area to me on a day vat reclaim you'd probably get rejected but as your doing works as part of the planning for the new build if you can convince them too zero rate I'd probably go for it. Liklihood of them being investigated and vat assessor then researching your completion date would be small I'd think. Your probably going to pay more in profit and overheads than the vat you will save if you get contractors in. Are you are able to diy? diy plastering? no chance! i'm completely s**t at it. 🤣
JohnMo Posted 17 hours ago Posted 17 hours ago You are only allowed zero vat when working under planning permission. At sign off of a completion certificate (you are stating you are complete) thereafter you are no longer working under planning permission, as that has been closed. Fudging and using a no longer valid planning number is down to you, but not for me say it's right/wrong on an open forum. 1
Oz07 Posted 17 hours ago Posted 17 hours ago Good point, me too. If its only the skimming labour could you not find someone who isn't vat registered? They're gonna put a markup on any materials they supply I'd have thought.
Thorfun Posted 16 hours ago Author Posted 16 hours ago 1 minute ago, Oz07 said: Good point, me too. If its only the skimming labour could you not find someone who isn't vat registered? They're gonna put a markup on any materials they supply I'd have thought. i've already bought the materials so it's only on the labour. i like my plasterer so i'm reluctant to go hunting for a new one now. i'll just take the hit on the VAT then. 1
Oz07 Posted 16 hours ago Posted 16 hours ago I've zero rated jobs in the past there is no form you have to fill in with site details. It would only ever crop up if investigated and I think as long as vat man can see a newbuild has been built at x address which your invoice is for you're good to go. The works could of potentially been done months before its invoiced out. 1
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