Want To Save VAT On Building Works?

This month’s Update revisits the important and valuable topic of the reduced rates for construction works. When you’re involved in a conversion project, or renovating an empty home, you can reduce the VAT rate from 20% to 5%. If your customer can’t reclaim their VAT, that is a big saving…

This Update will explain:

• When the reliefs apply
• The key concepts which the law and HMRC guidance apply
• What evidence you might need to apply the 5% rate
• And much more

Source Ciaran McGee

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