VAT Property Solutions
Note: 17
Not all work qualifies for the reduced rate (5%). Qualifying services mean either: (1) carrying out work to the fabric of the building or part of the building being converted; or (2) carrying out work within the immediate site of the building in connection with the provision to the building of water, power, heat, access, drainage, security or waste disposal. Where, for example, a block of flats is refurbished, the 5% relief will apply on a floor by floor basis. To qualify for 5%, the number of dwellings on that particular floor must have changed. The 5% includes all works of repair, maintenance or improvement to the fabric of the building where the work forms an intrinsic part of changing the number of dwellings. See Note 3 for items excluded from reduced rate relief.
Contact: info@4eyesltd.co.uk Telephone: Phillip Henwood - 0044 (0)7793 707 839
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