VAT Advice on a Residential conversion in London

E3 Consulting helped the client in reducing the VAT cost of construction from 20% to 5% on a residential conversion

Residential VAT

Evaluate

A residential property in West London with a separate mews house in the back garden was to be extensively refurbished and extended to create a much larger single property.

Evolve

E3 Consulting was appointed by the owner to review the plans
for the development and to advise on the correct VAT rate. We
identified that a minor reorganisation of the building work would
bring the project within the scope of the 5% VAT rate, and we
liaised with the architect and building contractors to ensure that
suppliers used the 5% rate on their invoices.

Enhance

The owner saved approx £75,000 in VAT costs.


Testimonial

“E3 Consulting were very responsive advising on VAT to a tight
project deadline. They were quickly able to ensure our planned
alterations were structured effectively to minimise our VAT
costs and worked closely with our various contractors to ensure
we only paid VAT at 5%. I have been delighted with E3’s
approach and the results.”

Main Office: Peartree Business Centre, Cobham Road, Wimborne, Dorset, BH21 7PT - T: +44 (0) 345 230 6450

Website by: Wholething