Update to Claiming VAT Back on DIY Self-Build New Homes

HMRC have published an updated form VAT431NB, April 2015 edition, for claiming back a VAT refund as a DIY or self-build house builder of a new home. There are detailed rules, in VAT Act 1994  s.35 and regulations, on what VAT can and can’t be claimed back. But the key is VAT can be claimed back by an individual constructing a new dwelling, a residential conversion, even a new building for a relevant residential or charitable purpose, like a care home.

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com