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Think you can claim VAT back on your BTL refurb? 👀 Nope - residential letting is VAT exempt, so that 20% isn’t coming back! BUT… if you’re developing or converting to sell, it’s a different story 👇 New builds and commercial-to-residential conversions are treated differently in most cases, which means you can register for VAT and reclaim it on your costs, or at least ask the builders to apply a reduced rate of VAT. BTL refurb → can’t reclaim Develop or convert to sell → can reclaim Get your str
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Think you can claim VAT back on your BTL refurb? 👀 Nope - residential letting is VAT exempt, so that 20% isn’t coming back! BUT… if you’re developing or converting to sell, it’s a different story 👇 New builds and commercial-to-residential conversions are treated differently in most cases, which means you can register for VAT and reclaim it on your costs, or at least ask the builders to apply a reduced rate of VAT. BTL refurb → can’t reclaim Develop or convert to sell → can reclaim Get your str
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