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V3030-20 ·8 October 2020 ·consulta-vinculante Medium impact
Tax

Reduced VAT rates apply to self-built homes and solar plots

A professional enquires about VAT treatment for building his own home and purchasing a plot. Hacienda confirms that construction work qualifies for the reduced 10% rate, but the sale of a plot by a real estate company is subject to the standard 21% rate.

In 6 key points

How it affects those involved

The VAT treatment differs between self-construction and the sale of land through a real estate company.

Lifecycle

2020-10-08PublishedPublished 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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