Self-construction - taxation

VAT

Self-construction is subject to VAT on the value of the construction (not on the land). The cost is reported as a 'self-dealing'.

Purchase tax

Purchase tax is paid on the purchase of the land only. The construction itself is not subject to purchase tax.

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.