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I am a sole trader I have recently bought an empty commercial property and have converted the top part into 3 flats I have paid VAT on all the materials can I claim VAT back and how would I do this? these have just been completed. I am also building 5 flats as new build do I have to pay VAT and claim it back? please could you let me know what steps I need to take
The commercial premises is now occupied I do not wish to sell the residential property
If you could find somebody to answer the question that would be great
I am not VAT registered nor did I pay VAT on the commercial building also I do not charge VAT on the rents.