VAT – HMRC update VAT Notice 708 – Buildings and construction

HMRC have updated VAT Notice 708 – Buildings and construction.

“An error in paragraph 11.2 has been corrected. If the goods are ‘building materials’ and the liability of your service of incorporating the goods in the building is reduced-rated then the liability of the goods is reduced-rated.”

https://www.gov.uk/guidance/buildings-and-construction-vat-notice-708?utm_medium=email&utm_campaign=govuk-notifications-topic&utm_source=e0cbbfc0-86fe-45aa-a585-c65b9ea4c948&utm_content=daily

Related content from Claritax Books

Value Added Tax, written by Ciaran McGee MA (Oxon), FCA, CTA, is an extensive volume (over 1,000 pages), written primarily for non-VAT specialist accountants and tax advisers.