Land and buildings ― building work ― overview

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This guidance note provides an overview of the VAT issues relating to building work. It includes links to guidance notes which provide more information on particular subjects and links to relevant articles in Taxation magazine.

Key issues

The following table provides a general overview of the VAT issues relating to building work and includes links to guidance notes which provide more information:

Subject	Overview	Guidance note
Construction of new buildings and civil engineering works	Subject to conditions, some construction work qualifies for the zero rate of VAT, for example, the construction of dwellings. Other construction work is subject to VAT at the standard rate	Land and buildings ― building work ― construction of new buildings and civil engineering works
Converting buildings	Subject to conditions, conversion work carried out for relevant housing associations qualifies for the zero rate of VAT. Some other conversion work, for example, a changed number of dwellings conversion, qualifies for the reduced rate of VAT. Other conversion work is subject to VAT at the standard rate	Land

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Personal Tax

Simple assessments

Simple assessmentsFrom 2016/17 onwards, HMRC has the power to make a ‘simple assessment’ of the taxpayer’s income tax and / or capital gains tax liability outside of the self assessment system. As HMRC already receives significant amounts of information on the income received and tax paid by

14 Jul 2020 13:40 | Produced by Tolley Read more

Trusts and Inheritance Tax

Winding up a trust ― legal, administrative and compliance issues

Winding up a trust ― legal, administrative and compliance issuesOverviewWhen winding up a trust, there are legal formalities and compliance issues that need to be dealt with, as well as IHT and CGT consequences that flow from the termination. This guidance note considers when and how a trust comes

14 Jul 2020 14:01 | Produced by Tolley Read more

Autumn Budget 2024

Owner-Managed Businesses

Repairs and renewals

Repairs and renewalsThe key consideration in determining whether expenditure on repairs and renewals is allowable as a deduction for tax purposes is whether it is capital or revenue in nature. In some cases, it can be relatively straightforward to identify revenue repairs. HMRC provides the

14 Jul 2020 13:23 | Produced by Tolley Read more

��Ƶ