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VAT Applicable for Renovation and Repair Works in Rented Residential Property – AEAT Consultation

  • Consultation made by a construction and renovation company regarding the applicable VAT rate for a renovation or repair project in a rented property
  • If the project does not qualify as construction or rehabilitation for tax purposes, a reduced VAT rate may apply based on specific conditions
  • The property must be used for residential purposes by the recipient of the renovation or repair services, whether they are the owner or tenant
  • Previous rulings by the tax authorities have clarified the conditions for applying the reduced VAT rate in similar cases

Source: audiconsultores-etlglobal.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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