Finance | 2 Jul 2009

The High Court has handed down a judgment in a VAT recovery case that is of interest to housing associations, registered social landlords and other charities that fund, design and build social housing projects.

The difficulties faced by developers and construction firms as a result of the recession may result in projects being developed ‘in house’ rather than relying on external developers. However, going ‘in house’ can have an adverse effect on the ability to recover VAT on costs incurred in the course of the development.