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Do X5 Liquidated Damages or Delay Damages have VAT charged to them when applied under NEC3?

+2 votes
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Do X5 Liquidated Damages or Delay Damages have VAT charged to them when applied to the Project Manager's assessment under NEC3?
asked Jul 24, 2013 in NEC3 Secondary X, W & Y options by anonymous   1 4
   

1 Answer

+1 vote
See link below. In short, liquidated damages are outside scope of VAT.

http://www.hmrc.gov.uk/manuals/vatscmanual/vatsc35600.htm
answered Jul 24, 2013 by Chris Corr (6,660 points)