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Which VAT Rate Applies To My Project?

This article aims to give some general advice on construction VAT rates for your consideration but we always recommend seeking advice from a chartered accountant before undertaking a construction project.  At the time of writing, most residential construction works are subject to the 20% VAT rate.  Clearly, this is a significant factor which influences the scope of works for many projects and can often be the difference as to whether some developments are viable at all.  Many people attempt to mitigate VAT by making substantial payments to builders in cash.  However, this

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