Property Advice: Reduced Rate VAT for Residential Renovation

28/09/2015

It is a little known, and even more rarely applied, fact that alterations to residential properties that have been empty for two or more years will be eligible for reduced rate VAT of 5%.

The reduced rate applies to contractor work only rather than DIY, but can result in significant savings for mid and large-scale projects.

To read more, please the click below to download the Private Landlord or Company PDF:

Download PDF: Property Advice- Reduced Rate VAT for Residential Renovation