samprop3
Joined: 4/29/2024
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RE: Reduced VAT (5%) Renovation of Empty Property
Is anyone actually going to provide any clarification on this? -
Reduced VAT (5%) Renovation of Empty Property
We have and will be renovating a property that has been empty for >2 years at this point once Listed Building Consents/Planning Permission etc. obtained. Can I ask how is living in separate/temporary accommodation in the broader grounds of the property treated in respect to the First Rule of 8.3.4 'People living in the premises whilst you carry out the work'? Would living in temporary accommodation on the grounds mean any contractors beginning work after the broader programme of works begins and us moving onto the site (but not living in the property itself) would no longer meet the First Rule and would have to Standard Rate or would the property still be classified as unoccupied given nobody is actually living in the dwelling itself?