Digital scheme for DIY housebuilder VAT refunds launched
[ad_1] Taxpayers building their own home can now claim back VAT incurred through an online service. HMRC has launched an online service to reclaim VAT for DIY housebuilders. This follows an announcement at the Spring Budget 2023 and an update at the Autumn Statement 2023. The VAT DIY housebuilders scheme allows taxpayers building their own home to […]
DIY housebuilders scheme digitised – and time limit extended
[ad_1] Individuals building their own home can submit their DIY housebuilders VAT refund claim digitally. The time limit for such a claim has also been extended to six months after completion of the build. The VAT DIY housebuilders scheme gives DIY homebuilders the ability to reclaim the VAT they pay on building materials for any […]