VAT can be claimed back on a variety of features of a self-build or conversion project. Here Lisa Smith, Tax Manager at Whiting & Partners, explains more.
Hard-pressed listed property owners have launched a national petition calling on the chancellor to reduce VAT on repairs and approved alterations to their homes.
In 2012, Government removed the 0% VAT concession on approved alterations to listed buildings, adding additional financial strain to owners for any conservation or restoration bills. The cost of conserving their properties is already often…