Reclaim and reduced VAT

Can a landlord reclaim the VAT on a barn conversion or new dwelling? Not if the property is to be rented out or sold in the course of a business. There is a scheme available where any VAT paid to suppliers for materials and labour costs can be reclaimed from HM Customs (the claim must be made within 3 months of completion), however, a claim cannot be made if the works are by a person in the course or furtherance of any business [s35 Value Added...

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