2 Mins
Embarking on a journey to build your dream home is an exciting venture, but navigating the intricacies of DIY house builder claims can be a daunting task. At Henderson Loggie, we understand the importance of a smooth and efficient process. In this guide, we’ll walk you through the essential steps involved in making a DIY housebuilder claim in the UK.
Step 1: Understand Your Eligibility
Before diving into the world of claims, it’s crucial to determine if you qualify as a DIY house builder for VAT purposes. In the UK, you may be eligible if you are building a new residential property or converting a non-residential property into a house. Additionally, the property must be self-contained and intended for use as a dwelling.
Step 2: Keep Detailed Records
Accurate record-keeping from day 1 is the cornerstone of a successful DIY housebuilder claim. Maintain comprehensive records of all your construction expenses, including invoices, receipts, and other relevant documents. Our VAT specialists can guide you on the specific information required for a successful claim.
The Henderson Loggie VAT Checklist for Self-Builders
Discover the essential guide to VAT compliance for self-builders with our comprehensive checklist, designed to simplify processes and ensure your project’s success.
Step 3: Identify VAT-Recoverable Expenses
Not all expenses incurred during the construction process are eligible for VAT reclamation. Identify VAT-recoverable expenses, such as building materials and professional services directly related to the construction project. Henderson Loggie’s VAT team can help you distinguish between recoverable and non-recoverable expenses.
Step 4: Gather other key documents
You’ll need your building plans, copies of planning permission and a certificate of practical completion.
Step 5: Submit Your DIY House Builder Claim
Once your construction project is complete, it’s time to submit your DIY housebuilder claim. This involves completing the appropriate VAT forms online and providing supporting documentation within 6 months of completing the project. Henderson Loggie’s VAT specialists will guide you through the process, ensuring a thorough and accurate claim submission.
Conclusion
Embarking on a self-build journey is a fulfilling experience, and with the right guidance, navigating the VAT aspects can be a breeze. At Henderson Loggie, our VAT team is dedicated to supporting DIY housebuilders throughout the entire process. Build your dream home with confidence, backed by Henderson Loggie’s expertise in VAT for DIY housebuilders. Get in touch with us using the form below.