Commentary

V7.392 DIY housebuilders—definition of 'constructing a building'

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.392 DIY housebuilders—definition of 'constructing a building'

Part V7 Tax planning | Commentary

V7.392 DIY housebuilders—definition of 'constructing a building'

Many DIY claims will be relevant to dwellings or qualifying buildings built on empty land and it will therefore be obvious that the project relates to the construction of a new building. However, there will be other occasions when a project utilises part of an existing building and this is where great care is needed to ensure the project is still eligible for a DIY refund.

The key rules are as follows:

  1.  

    •     a building can still be classed as new if it makes use of no more than a single façade (or a

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