Selling regulations
Reduced VAT rate for demolition and rebuilding extended to the end of 2023
The reduced 6% VAT rate for demolition and rebuilding was extended to the end of 2023. What does that mean for your project?
Private individuals who want to benefit from this reduced 6% VAT rate for their project must meet a number of conditions. First, it must of course involve a demolition followed by a rebuild. That does not have to be on exactly the same spot, but it must be on the same plot. The habitable surface of the new home may not exceed 200 m². The new home must also be and remain the only own home for 5 years, following the year in which the home is taken into use. The measure therefore absolutely does not apply to second residences.
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