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V1881-21 ·16 June 2021 ·consulta-vinculante Medium impact
Tax

10% reduced VAT rate applies to renovation works if material costs do not exceed 40% of the taxable base

An individual has enquired whether masonry, plumbing, and electrical works in their home may be subject to the reduced VAT rate. The DGT has ruled that the 10% rate applies provided that the requirements for renovation and repair are met, and that the cost of materials supplied does not exceed 40% of the taxable base.

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2021-06-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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