Hi im vat registered running a ltd building company,do i charge my client vat on a new build?
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Answer:
If you are VAT registered you should have a helpful accountant to help with this kind of problem. I would use them.
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Other answers
Generally, building a new dwelling is zero rated. Extending an existing building is standard rated. Do read the various guides on the HMRC website as a mistake can be costly. Some items you may fit into the new house may have to be standard rated.
tringyokel
As said elsewhere you should - if in business - get much more familiar with VAT and taxes. But the answer to you question is that if you are building a house from scratch then it is zero rated. It is a complex fiedl though and you need advice. If I recall correctly adding a conservatory is subject to VAT at 20%
Davy B
If you pass on VAT to the government, you should charge your customers VAT too. If you're unsure about rules/exceptions, ask your accountant/tax advisor.
Confuzzled
Ring the HMRC VAT Helpline: 8.00 am to 6.00 pm, Monday to Friday Closed weekends and bank holidays 0845 010 9000
Jo W
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