Comments
  • Lindsey Davis

    Hi Tim,

    VAT isn’t included in the figures in the Housebuilder’s Bible.

    You don’t pay VAT on new builds, so it has not been factored in, but remember that it will be added to labour costs on extensions and renovations.

    Hope this helps.

    Lindsey

  • Stephen Margerison

    I agree, however you must budget for the VAT, as you can only re-claim VAT in one go at the end ! SKM

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