Exploring a valuable reduction on VAT on property renovations

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Since 2008, renovations and alterations to residential properties that have been empty for at least two years are eligible for a reduced VAT rate of 5%, writes Nick Cunningham of Stacks Property Search.

Written by

Nick Cunningham

Regional Director at Stacks Property Search

Nick Cunningham is Regional Director at Stacks Property Search

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A major change to the way VAT is collected in the building and construction industry comes into play on 1st October 2019 [delayed to 2020]
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