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Post by sunnydays on Feb 20, 2015 9:38:40 GMT 1
Hello - I am getting conflicting advice (as ever!) about pdv on new builds. Am I able to reclaim the pdv on a new build house? Thank you.
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Post by Carol on Feb 20, 2015 11:16:24 GMT 1
If you are the developer and vat registered, then yes. It means you will have to charge your buyer more though, so it probably doesn't make financial sense.
Or at least that's how its been until now, but there are new rules about when pdv must be charged (expanding the scheme). So, it might be worth it. Who knows until there is clarity on the new rules?
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