Claim preparation service
The VAT Reclaim service includes the preparation of the claim, I act as agent on your behalf. I keep in close contact with you during the process to ensure that the maximum entitlement is claimed.
The service includes:
- Checking eligibility for the refund scheme.
- Preparation of invoice schedules in the format required by HMRC.
- Preparing the relevant claim forms for your signature.
- Identification of potential problems with unacceptable documentation.
- Advise on procedures where VAT has been charged in error.
- Advise on the timing of the submission of the refund claim.
- Obtain guidance from HMRC when appropriate.
I require the following information for claim preparation:
- Copies of both the planning persmission and the approved plans.
- Evidence that the house is complete.
- The original invoices including those where VAT is not shown separately. All invoices must include the suppliers VAT registration number.
- In some cases specification details will be required for submission with the claim.
- Advise on procedures where VAT has been charged in error.
- Advise on the timing of the submission of the refund claim.
- A narrative if the claim is made more than three months after the building was completed.
Other assistance:
- Advice on transport charges, the use of plant and lump sum qoutations.
- What to do when contractors who have charged VAT at an incorrect rate.
- Comment on a draft claim prior to submission.
- Advice during construction on obtaining maximum VAT refund.
- Advise on allowable items and documentation.
- Advising on the best time to submit your claim.
Additional VAT advice:
- Renovation of some abandoned properties qualifies for VAT refunds.
- Some ‘Approved alterations' to listed buildings can be zero rated by VAT registered contractors.
- Changing the number of dwellings in a property can qualify for reduced rate VAT by registered contractors.
Costs:
The fee for claim preparation is quoted and agreed in advance. It is split into two parts:
- An initial fixed set-up fee.
- An adjustable fee based on the claim value.
I am not VAT registered so there is no VAT charge on the fee.
This arrangement provides the incentive element of payment by results.
Contact me for a fee quotation.