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Where Taxpayers and Advisers Meet

VAT on Hotel conversion

MirryTom
Posts:1
Joined:Thu Jan 11, 2018 4:34 pm
VAT on Hotel conversion

Postby MirryTom » Thu Jan 11, 2018 4:36 pm

Hi

I have owned a Hotel for 20 years and now heading into retirement.
We have lived in the hotel whilst running it as a business.

I am planning to convert the hotel into 2 houses.

I intend to live in one house and sell the other.

I will be using a builder to do all of the work.

Will any of the work qualify for a reduced rate of VAT?

Thanks

robbob
Posts:3228
Joined:Wed Aug 06, 2008 4:01 pm

Re: VAT on Hotel conversion

Postby robbob » Thu Jan 11, 2018 5:07 pm

I would guess this would qualify for 5% reduced rating at most section 7 explaining the most likely reasoning. if you knocked it all down and started from scratch (or one wall?) thats route to automatically qualify for 0% vat rate - although there may be other options .

https://www.gov.uk/government/publicati ... ential-use


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