Commentary

V7.371 Construction services—planning points to consider

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.371 Construction services—planning points to consider

Part V7 Tax planning | Commentary

V7.371 Construction services—planning points to consider

The following planning points should be given consideration.

  1.  

    •     Building materials are only zero-rated if they are also supplied with a service that is also eligible for zero-rating.

  2.  

    •     It is advisable for people buying a new residential dwelling to fit out the property to their requirements before it has been completed. The work will then be eligible for zero-rating in most cases – once the completion date has passed, the work will be standard rated.

  3.  

    •     Remember that supplies made by a subcontractor to a main contractor are only zero-rated if relevant to

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