Commentary

V7.365 Construction services—introduction

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.365 Construction services—introduction

Part V7 Tax planning | Commentary

Construction services

V7.365 Construction services—introduction

The services supplied in the construction of a new or existing building are normally standard rated. However, there are a number of exceptions to this rule:

  1.  

    •     certain supplies may qualify for zero-rating – mainly in the case of new residential dwellings or other qualifying buildings.

  2.  

    •     some works qualify for a reduced VAT charge of 5%. This reduced rate is mainly relevant to work carried out in the course of certain residential conversions, or in carrying out work on altering certain buildings that have been empty for at least two years.

In

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