What's the latest on VAT and building materials
It's tricky keeping on top of what's happening for businesses out there. On Friday one of our members was trying to find out what was on the cards for VAT as a client thought they'd be able to get a VAT reduction on building materials for a refurbishment.
After scouting on the website I found this article on the 2008 budget. You'll see on page four a there's a mention of VAT on buildings.
I had a chat with our specialist Information Officer Annette Howard as this had a residential property angle and she came up with this guidance VAT: Land and buildings - New Schedule 10 of the VAT Act 1994 on the HM Customs and Revenue website which includes a helpline phone number.
Do let us know if you've found any handy sources of information on this topic too.
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About Hilary
I manage the customer service and marketing for the library and arrange tours for members. You'll find my team (which includes two Chartered Surveyors) answering enquiries, doing tours, promoting our services eg New Member Ceremonies and delivering the lending and photocopying service.
You can also find me answering enquiries! I have no particular specialist area on the enquiry front. I welcome all your comments and suggestions to help make our services make a difference to you.
I always say if you're stuck trying to find something why not ask us and you'll have time to get a coffee!