Should VAT be added to building reinstatement valuations: caselaw?

Brian White is challenging FirstPort's insurance costs, alleging that the capital value of a block in Hollin Bank Court in Blackburn is unreasonably increased due to the inclusion of VAT.  White contends that the rebuild cost of the property should be 13.5 million instead of 16.2 million because residential new builds are typically exempt from VAT.  The Tribunal is due to hear the case January 2024.

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