A number of changes to the VAT DIY housebuilders scheme come into effect on 5 December 2023. The claim deadline is extended to six months and digital claims will become possible.
The DIY housebuilders scheme allows individuals who build their own home to recover the VAT they incur on goods and services in its construction. This puts them in a similar position to someone who buys a zero-rated new build house directly from a property developer.
Source: www.rossmartin.co.uk
