Directive could cut house tax
Directive could cut house tax
- 1999
- Planning (for the Natural and Built Environment) 5 March 1999, 1(1) .
A draft amendment to the EU Sixth VAT Directive could allow the government to bring in a lower rate of VAT for improvements to existing housing stock. The directive, which currently only sets a minimum standard, will fix the maximum standard of VAT at 25%.
EU DIRECTIVES
HOUSING REFURBISHMENT
SIXTH DIRECTIVE
VALUE ADDED TAX
A draft amendment to the EU Sixth VAT Directive could allow the government to bring in a lower rate of VAT for improvements to existing housing stock. The directive, which currently only sets a minimum standard, will fix the maximum standard of VAT at 25%.
EU DIRECTIVES
HOUSING REFURBISHMENT
SIXTH DIRECTIVE
VALUE ADDED TAX