hello, I'm wondering if anyone can give me some advice on whether it is a good idea for our Village Hall to register for VAT. We completed an extension to our Village Hall a year or so ago funded by some grants and our own fundraising, we are trustees of the Village Hall. Our Parish Council have recently advised us that we can register with HMRC specifically to reclaim VAT from the build and then deregister 2weeks later. Is this actually true? It seems far too good to be true! We would be grateful for any advice on this matter. Many thanks.