Qualification Criteria and Schemes for VAT Reclamation on Self-Build or Conversion Projects

They discuss the qualification criteria for reclaiming VAT on a self-build or conversion project, including the requirement to create a new dwelling for yourself or a direct family member. They explain the difference between new build and conversion and highlight the two different schemes for VAT reclamation. They also mention the less-known two-year rule for a lower VAT rate on houses that have been empty for two years.