HMRC 5% VAT on Renovations: How to Save Thousands in 2025
In the UK most building work attracts the standard 20 % VAT rate, but HMRC allows a reduced 5 % rate in very specific renovation and conversion scenarios. Understanding the rules is worth real money: on a £60 000 refurbishment the difference between 20 % and 5 % is £9 000 in VAT. This guide … Read more