Tax dodge of the week: be sure to reclaim VAT on that building project

If you are planning to build your own house or even a granny flat for an ageing relative, don’t forget that you can reclaim the VAT on the cost of the materials used to build it.

If you are planning to build your own house or even a granny flat for an ageing relative, don't forget that "subject to a considerable bureaucratic rigmarole" you can reclaim the VAT on the cost of the materials used to build it, says The Schmidt Report.

A similar DIY scheme also applies where you are converting a previously commercial building into a residential building, and you are still eligible if you hire builders to do the work for you.

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