Since the Grenfell tragedy housing associations and other residential landlords have been urgently reviewing their properties to see whether their own cladding needs replacing. Where remedial work is required, HMRC has now confirmed that this may be eligible for VAT reliefs in certain circumstances.
Although the position is more complex, similar VAT reliefs may apply to works to:
HMRC is not planning to publish any guidance on these issues, but has confirmed this policy in formal minuted meetings with sector representatives, as well as a number of individual rulings we have seen.
To discuss these issues and how they apply to your organisation, please contact Adam Cutler, Director, VAT.