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onemanband

Community infrastructure Levy and Vat back on self-build

The two aren't related in any way, other than that I've been researching both today.

This morning was researching VAT back on self-build / conversions.
http://www.homebuilding.co.uk/advice/beginners/finance/vat
Nice little bonus on my project when it's completed Very Happy Very Happy Very Happy (assuming it goes ahead -early stages still)

Then I looked into Community Infrastructure Levy.
http://www.homebuilding.co.uk/advice/project-tips/planning-permission/community-infrastructure-levy-when-levy-breaks

The CIL charge on the plot I'm after, with the current planning permissions is over 6k per house.
Even allowing for my smaller proposed build that will wipe out my VAT reclaim Crying or Very sad Crying or Very sad

Never mind - my total budget figures are still just the same as yesterday and still feasible.
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