Commentary

RCB/29/10 VAT—DIY Housebuilders and Converters VAT Refund Scheme – treatment of holiday homes

Part V16 Forms and other HMRC material

RCB/29/10 VAT—DIY Housebuilders and Converters VAT Refund Scheme – treatment of holiday homes

RCB/29/10 VAT—DIY Housebuilders and Converters VAT Refund Scheme – treatment of holiday homes

Revenue & Customs Brief, Issue 29. 15 June 2010

This Brief announces a change to the treatment of claims received by us under the provisions of the above Scheme in respect of holiday homes.

The effect of the change

Following a decision of the VAT Tribunal, we now accept that the DIY Housebuilders and Converters scheme applies to the construction of new holiday homes and to the conversion of non-residential buildings into holiday homes. Any refund of VAT is subject to the conditions of the Scheme being met.

Guidance for the scheme is attached to application forms as follows:

  1.  

    —     VAT 431NB: VAT refunds for DIY housebuilders (new houses)

  2.  

    —     VAT431C: VAT refunds for DIY housebuilders (conversions)

Both of these forms (including guidance) are available from the Forms section of our Library.

Background

Individuals who purchase the

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