Can Vat be Reclaimed on Blinds & Shutters

A JONES • May 14. 2021

HMRC are now accepting manual blinds and shutters as building materials.

VAT on new houses

A JONES • Jan 09, 2020

This is a big question but the simple answer is, you'd come out pretty much the same. New builds are VAT exempt, so at the end of the day, your new house should be VAT free but how you get there is different depending on how you purchase or build the house. Here are 6 options, 5 are to do with doing a self build.

How long must you live in a property after a vat reclaim

A JONES • Jul 16, 2019

Your enquiry asks whether there is an acceptable time frame required by HMRC for a DIY o claimant to live in the property before selling it or renting out.

The notes on VAT431NB and VAT431C do not specify a time limit for residing in the o property before ceasing to live in them. Please, however, remember that the construction of a dwelling under these conditions is not for business purposes but to be either used by the owner or their relatives as a principal place of residence.

I was asked about built in wardrobes

A JONES • Nov 11, 2017

Furniture can not be reclaimed but to make built in wardrobes be classed as building material rather than furniture is neigh-on-impossible, realistically it would be better if it was just stated that they did not qualify

Swimming Pools

A JONES • Oct 19, 2017

I quite often get asked about swimming pools. If the swimming pool is in a room within the house...

Can we reclaim the vat as we go along, as in, during the course of the build ?

A JONES • Jul 30, 2017

Sorry to inform you, the answer is no. You can only make one reclaim.

I need to reclaim my vat before I can complete

A JONES • Jul 19, 2017

In order to submit a Vat reclaim, HMRC require evidence the building is complete. Complete being to a habitable condition. By far the most popular and simplest form of evidence is a Building Regulations Completion Certificate issued by your local authority LABC or a private licenced company. Scotland is slightly different and so is NHBC.

What Can Not Be Reclaimed ?

A JONES • Jul 14, 2017

Below Is The Official List Of Articles Not 'Ordinarily' Incorporated In A New Dwelling

What Can I Claim For ?

A JONES • Jul 14, 2017

Below Is The Official List Of Articles Not 'Ordinarily' Incorporated In A New Dwelling

Claiming For Additional Buildings

A JONES • Jul 06, 2017

You can only reclaim Vat on the main dwelling and a basic garage if built in conjunction with the main build.

How Do I Know I Have An Acceptable Vat Invoice

A JONES • Jul 04, 2017

HMRC require all documents to have the following, in order to be 100% classed as full and acceptable Vat invoices. The sellers name or trading name & address, the sellers vat registration number, invoice number which is unique and follows on from the number of the previous invoice, invoice date, the tax point or time of supply if different from the invoice date, the customers name (you) & address, a description sufficient to identify the goods or services supplied, the rate of any cash discount, the total amount charged, expressed in sterling.

My Supplier Wants To Charge 20% Yet You Indicated 5%. Who And Which Is Correct ? And Why ?

A JONES • Jun 25, 2017

Mr. Owen of Aberystwyth, asked me this week about the reasoning behind 5% and not 20% on supply and fit, as his supplier wishes to charge him 20%, on his reinstatement of a dwelling that has been unoccupied for 10 years or more, prior to the commencement of his work on the building, for an oak porch, which they are purchasing on a supply and fit basis.

Supplier Invoices Not In Your name

A JONES • Jun 23, 2017

What happens when invoices are not in your name? Historically over the years, HMRC would refuse these invoices by short paying you the amounts relating to the invoices not in your name. Come the end of their review of your claim a payment less the refused documents would be made to your bank with a future option of in turn going back to HMRC, where possible, with proof that you actually paid the supplier directly which would, if you were successful, trigger a 2nd payment of the outstanding balance. There has now been, what appears to be a change in procedure.

When my main supplier is closing

A JONES • Jun 11, 2017

When you find out your main supplier is about to close its doors for the last time, this needs to ring alarm bells with you.

Pitfalls of paying the builder for your materials

A JONES • Jun 11, 2017

I collected a job yesterday from Dr. S and as I was about to leave he explained to me, all his Jewson invoices are in the folder are in the name of bricklayers but with the plot address shown as a delivery point. We will call the bricklayers A & B Bricklaying in this instance. 

Pitfalls Of Taking A Long Time To Reclaim

A JONES • Jun 07, 2017

The job in the office today, the build took 6 years, not a problem at all except that they actually spent £120,000.00 (£20,000 vat value) in the first 3 year of the build and only £1800.00 (£300 vat value) in the last 3 years.

Dealing with Travis Perkins on a cash sale basis

A JONES • Jun 07, 2017

The UK's number one Builders Merchants, a brilliant company but Travis Perkins staff encourage you to open cash accounts for consistency on pricing, save asking you details each time and probably some sort of report for the branch manager and further up the food chain. 

- Andrew G.