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\n HMRC has launched an online service to reclaim VAT for DIY housebuilders. This follows an announcement at the\u00a0Spring Budget 2023\u00a0and an update at the Autumn Statement 2023.<\/p>\n The VAT DIY housebuilders scheme<\/a> allows taxpayers building their own home to reclaim the VAT they pay on building materials incorporated into the building. This includes eligible goods<\/a> given to a builder to incorporate into the building before the date of completion.\u00a0<\/p>\n The scheme also applies to individuals converting a non-residential building into their own home, as well as those constructing a new charity building. The charity building must be used solely for a relevant charitable purpose<\/a> or a relevant residential purpose<\/a>.<\/p>\n To support taxpayers making a claim, HMRC has also published new guidance regarding the scheme, depending on the type of claim being made:<\/p>\n To make a claim, taxpayers will need:<\/p>\n Once ready to make a claim, taxpayers can access the online service here:<\/p>\n Taxpayers who cannot use the online service can still make claims using paper forms. However, claims made on paper forms will take up to twice as long as those made using the online service and are less likely to be accepted without query. The paper forms are available from the links above.<\/p>\n As previously announced, the time limit for making claims has also been extended for buildings completed on or after 5 December 2023. The time limit has been extended from three months after completion to six months after completion.<\/p>\n<\/div>\n ICAEW’s Tax Faculty is recognised internationally as a leading authority and source of expertise on taxation. The faculty is the voice of tax for ICAEW, responsible for all submissions to the tax authorities. Join the Faculty for expert guidance and support enabling you to provide the best advice on tax to your clients or business.<\/p>\n <\/p>\n \n<\/div>\n
\n Taxpayers building their own home can now claim back VAT incurred through an online service.
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