VAT Self Build Scheme
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VAT Self-Build Scheme
VAT will be added to the cost of all building materials and labour. Customs & Excise administer the "self-build" VAT scheme and under this scheme any new property built as a private dwelling for your own occupation is zero-rated for VAT purposes. This means that the labour does not carry a VAT charge and any VAT paid on building materials can be reclaimed.
VAT can be claimed back on all building materials and permanent fixtures such as roof tiles, bricks, doors and windows but not on removable items such as electrical appliances, carpets and curtains.
VAT on professional services such as those provided by architects and solicitors cannot be reclaimed. VAT must be claimed no later than three months after you have received a completion certificate from the Building Control Office.
You must make sure that you retain all your VAT invoices to enable you to support your claim. Perhaps consider setting up a new credit card account through which to purchase all your building supplies, particularly as many of the top lenders are currently offering special rates.
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