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HMRC internal manual

VAT Construction

HM Revenue & Customs
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- Zero-rating major interest grants in substantially reconstructed ‘protected buildings’: apportionment

Apportionment for qualifying parts of buildings

Zero-rating is only available to the extent that the grant relates to a qualifying part of a building.

The legal basis for this is the Value Added Tax Act 1994, Schedule 8, Group 6, Note 5.

This note works in the same way as Schedule 8, Group 5, Note 10 (VCONST17000).